This is misleading, billionaires have been paying effectively lower taxes for many many years. They just had to be more creative about it before now.
This is misleading, billionaires have been paying effectively lower taxes for many many years. They just had to be more creative about it before now.
I am not any kind of expert either, but I have been following this company for a couple of years. If it makes it to market and is at all price competitive i can’t see it not being a big deal. Granted, that is an if, not when, but they seem to be further along than most battery tech you read about.
No rare earth metals or even nickel or copper, has a very flat degradation curve even at charge rates up to 30C (testing stopped at 3k cycles in the coin cell tests), non flammable and non toxic. The only thing you would wish for is better capacity, but it is already better than any mass produced Li ion cell, and it has a theoretical maximum a couple times that of Li ions.
You’re right, battery news IS always breathlessly excited about the next crazy advancement, but they have a lot of things in their favor on this one. They broke ground on a manufacturing plant last year, which is not the case for most battery news stories. And the battery uses no rare earth metals, is non flammable, and performes better by nearly every metric than lithium ion. If they make it to market, I think they will absolutely be revolutionary.
A increasing percentage of new construction gets heat pumps. Some replacement HVAC units make the switch, but there is still a large portion of people who won’t because of misinformation and/or stubbornness.
But, unfortunately, most existing residential systems do not use heat pumps, under 20% in the US I believe.
They are too expensive. But only because auto manufacturers are only making midsized and larger suvs or luxury cars. The average price of an EV has dropped over 50% in China since 2015. That would have been tough for us to match, mostly because of batteries, but we could have made much more progress than we have.
The electric grid isn’t nearly as unprepared as people say. Sure, we need to build out more charging stations, but the grid as a whole far exceeds current needs. In fact, nationwide electrical usage is actually trending down in the US because of efficiency gains. Better building codes, heat pumps, LED lighting, if it uses electricity newer stuff is more efficient. If we had sold 8 times as many EVs in 2023 than we did, electricity usage would have stayed about flat.
Eating a dictionary to improve your vocabulary would be equally effective to that theory, and for many of the same reasons. (As far as information transfer is concerned)