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Really interesting discussion of China's green/sustainable financing mechanisms (especially relative to the IRA In the US). Favorable financing for things you want, unfavorable for the things you don't. Financially it's a lot like a tax, but it's implemented by a different institution and paid far away from consumers. You can see how it might be politically different from a tax.
https://www.cleaningup.live/how-china-became-a-green-finance-superpower-ep160-dr-ma-jun/
How China Became a Green Finance Superpower - Ep160: Dr. Ma Jun
Welcome to season 12 of Cleaning Up! If you want a sense of the trajectory of climate action, you have to understand China, and you have to understand finance. Ther…Cleaning Up. Leadership in an age of climate change.
#Ford just reported a massive loss on every electric vehicle it sold
Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10,000 vehicles it sold in the first three months of the year, helping to drag down earnings for the #company overall.
#economy #car #fail #finance #problem #electricity #news #usa
#Pay to stay: #Florida inmates charged for #prison cells long after incarceration
Not only can the state bill an inmate the $50 a day even after they are released, Florida can also impose a new bill on the next occupant of that bed, potentially allowing the state to double, triple, or quadruple charge for the same bed.
Capitalism at Its best...
#usa #jail #crime #fail #problem #news #money #finance #capitalism #politics
Pay to stay: Florida inmates charged for prison cells long after incarceration
It's a common saying: You do the crime, you do the time. But when people are released from prison, freedom is fragmented. It marks the start of new hardships, impacting families and communities.Kylie McGivern (ABC Action News Tampa Bay (WFTS))
#Tesla’s Profit Fell 55%, Adding to Concerns About Its Strategy
The first-quarter results will very likely fuel worries that competitors will continue grabbing a bigger slice of a #market dealing with slowing #ElectricCar sales.
#ElonMusk #Musk #finance #investing #StockMarket #business #egomaniac #EV
https://www.nytimes.com/2024/04/23/business/tesla-earnings-first-quarter-elon-musk.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=c-cb
