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New Additive in Concrete Mix Could Slash Carbon Emissions

By David L. Chandler, Massachusetts Institute of Technology April 11, 2023Introducing additives to concrete manufacturing processes could reduce the sizeable carbon footprint of the material without altering its bulk mechanical properties, an MIT study shows.<span class="glossaryLink" aria-describedby="tt" data-cmtooltip="<div class=glossaryItemTitle>MIT</div><div class=glossaryItemBody>MIT is an acronym for the Massachusetts Institute of Technology. It is a prestigious…

US proposes to slash EV mileage ratings to meet fuel economy rules

Electric vehicles are heavier than ICE counterparts. The US Energy Department (DOE) on Monday proposed reducing electric vehicles' (EV) mileage ratings to meet government fuel economy requirements, a move that could force automakers to sell more low-emissions cars or improve conventional models. DOE wants to significantly revise how it calculates the petroleum-equivalent fuel economy rating for electric and plug-in electric hybrids for use in the National Highway Traffic Safety Administration's (NHTSA) Corporate Average…

Here’s why US-made solar panels would slash emissions by 33%

US-made solar panels would significantly reduce emissions and energy consumption, according to a new study from Cornell University. If the US manufactures the solar panels it uses instead of importing them, then that would speed up decarbonization, according to research published in Nature Communications by Cornell Engineering. Specifically, fully returning solar panel manufacturing to the US by 2035 would cut emissions by 30% and reduce energy consumption by 13%, compared to 2020, when the…

Novo Nordisk to Slash Insulin Prices by Up to 75%

Novo, one of the biggest sellers of insulin in the U.S. and around the world, said Tuesday it would cut the list price of its NovoLog insulin by 75% and the prices for Novolin and Levemir by 65% starting in January 2024.  In addition, Novo plans to cut prices for its unbranded insulin products to match the reduced price of Novo’s corresponding brands. “We have been working to develop a sustainable path forward that balances patient affordability, market dynamics and evolving policy changes,” said Steve Albers,…

Tesla plans to slash silicon carbide use, chipmaker shares decline

Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022.Patrick Pleu | Pool | via ReutersShares in some chipmakers dipped on Thursday after electric vehicle maker Tesla said it plans to greatly reduce the use of silicon carbide transistors in its next-generation vehicle powertrains.At Tesla's 2023 Investor Day presentation on Wednesday, which largely focused on efficiency and controlling costs, powertrain engineering leader Colin Campbell…

Elon Musk’s Twitter Cuts More Jobs as Platform Seeks to Slash Costs

Twitter Inc. conducted another round of job cuts over the weekend, people familiar with the matter said, the latest among thousands of staff reductions under new owner Elon Musk. The cuts come as billionaire Mr. Musk has been pursuing sweeping changes to the platform, including slashing costs, releasing new features and changing content-moderation policies. An email sent to an employee, dated Saturday, said the person’s role was eliminated as…

EU bans new ICE vehicles, to slash CO2 from trucks and buses

The European Union has put its stamp of approval on a reworked law yesterday banning all new sales of ICE vehicles from 2035. Meanwhile, the European Commission has also proposed new targets to cut CO2 emissions from city buses and trucks from 2030 and onward. Here’s the latest. The landmark bill regarding ICE vehicles, which was approved last year but still needs to go through one more round of approvals in March, officially bans the sale of all new petrol and diesel vehicles in the entire…

President Joe Biden moves to slash US credit card fees, app charges

President Joe Biden on Wednesday unveiled fresh efforts to slash credit card late fees and drive down the prices that Apple Inc and Google parent Alphabet Inc charge on mobile app stores. The move is part of a larger policy drive to promote competition in consumer markets, officials said. Speaking at the White House, Biden also called on lawmakers to ban "junk fees," which he said jacked up costs for consumer services such as accommodation, concert tickets, mobile plans and air travel, in which officials said air carriers…

Indonesia Plans to Slash VAT on Electric Cars From 11 Percent to 1 Percent

Last Updated: February 02, 2023, 11:55 ISTImage used for representation. (Photo: IANS)Indonesia has a target of having at least 1.2 million electric motorcycles and 35,000 electric cars in use by 2024Indonesia is considering reducing the value-added tax on electric car sales from 11% to 1% to drive up demand and attract investment, said Septian Hario Seto, a senior official with the investment coordinating ministry.Indonesia has a target of having at least 1.2 million electric motorcycles and 35,000 electric cars in use…

Goodyear to slash 500 jobs

<!----> Plus truck with Goodyear tyres The Goodyear Tire & Rubber Company is to axe 500 jobs, and approximately 5% reduction in salaried staff globally, as a cost saving measure. “Our fourth quarter results fell short of our expectations given a significantly weaker industry…