Day: October 24, 2022

Can Electric Vehicle Targets Be Met?

This post is by Tessa Di Grandi from Visual Capitalist

The following content is sponsored by KGP Auto

Can Electric Vehicle Targets Be Met?

By 2040, just 38% of the automotive market will be made up of battery electric vehicles (BEVs). The problem is, this number needs to hit at least 65% in order to reach net-zero targets.

The above infographic sponsored by KGP Auto explores this theory further, and breaks down some of the key reasons why the EV market needs to urgently shift gears in order to make mass adoption a reality. First, let’s take a bird’s eye view of the market for context.

The EV Market So Far 

In 2021, global electric vehicle sales doubled—however some regions contributed a lot more than others.

China, Europe, and the U.S. made up nearly two-thirds of the EV market and 95% of total electric car sales in 2021. In fact, China sold more electric cars in 2021 than the rest of the world combined in 2020.

Global forecasts for EV rollouts vary, with countries around the world pledging targets for 2035 and 2040. At The UN Climate Change Conference (COP26), more than 100 stakeholders signed a declaration to speed up the transition to 100% zero emission cars and vans by 2035-2040. 

Why Is It Unlikely We Will Meet Targets?

Even as pledges vow to increase the forecast share of EV adoption, we still need to (Read more...)

Expectations and Reality

This post is by Collab Fund from Collab Fund

In 2004 the New York Times interviewed Stephen Hawking, the late scientist whose motor-neuron disease left him paralyzed and unable to talk since age 21.

Apparently in a good mood, the Times asked Hawking: “Are you always this cheerful? Seriously, how do you keep your spirits up?”

“My expectations were reduced to zero when I was 21,” Hawking said. “Everything since then has been a bonus.”

Quite a lesson, isn’t it?

And it’s one that applies to a lot of things.

Part of what makes any joke funny is the surprise. The setup leads you down one path (“Someone gets in a car accident every nine seconds”), then the punchline comes in a direction you didn’t expect (“Imagine how bad a driver that guy is.”)

The setup of that (very bad) joke is sad. The punchline is meaningless. It’s the gap between the two – the punchline deviating from your expectations – that might make you laugh. Few one-line jokes are funny; there’s not enough potential to set someone’s expectations, so it’s harder to surprise.

So many things work like that. People get excited when they’re surprised. Not when something big happens, or when they find the right answer. They get happy, mad, scared, amused, and astounded when they stumble across a gap between expectations and reality.

There are so many examples of this that defy intuition.

Will Smith writes in his biography that:

  • Becoming famous is amazing.

  • Being famous is a mixed bag.

  • Losing fame is miserable.

The amount (Read more...)

For somewhere (else)

This post is by Om Malik from On my Om

Photo by Sachin Kushwaha Photography on Unsplash

I am reminded daily that the Internet and online media can be awful places. Today, the reminder came in the form of reactions to the election of form Chancellor of the Exchequer, Rishi Sunak, as the British Prime Minister. Whether these are bots doing the bidding of some hidden powers, or just plain old-fashioned racism, it is depressing to read comments about Sunak’s race and ethnicity.

To call him Indian would be a stretch. Is he of Indian origin? Of course. But make no bones – Sunak is British. He was born in Southampton and educated at Winchester College, & Oxford. Sunak is the grandson of Indian migrants who moved to the U.K. from Kenya. That leads me to the bigger question: if birth doesn’t make you “British,” then what does? 

To be clear, I am not naive enough to think that these reactions are limited to the U.K. or Sunak. It is the world we live in — where your skin color or ethnicity is used to pigeonhole you. As an immigrant, when do lly stop being an outsider? How many generations have to pass for you to be from somewhere else, and your skin color defines your place in society as first among equals?

Politics, like religious beliefs, is a private matter in my books & that is why I don’t talk about it. But sometimes, you are just compelled to think out loud. To be clear, I don’t have particular (Read more...)

Does a City’s Population Size Impact its Quality of Life?

This post is by Carmen Ang from Visual Capitalist

Does a City’s Population Size Impact its Quality of Life?

City living isn’t everyone’s cup of tea—the world’s most populous cities especially can be hectic, noisy, and busy.

Yet, despite the chaos of urban life, cities offer inhabitants a number of comforts and conveniences that are harder to find in smaller towns. That’s why more people are moving into urban areas around the world.

But do these conveniences reflect in people’s quality of lives?

According to research compiled by Elaine Siu, bigger doesn’t always mean better—at least when it comes to population size. This interactive visualization takes a deep dive into this dataset.

Measuring Quality of Life

Siu uses data from Numbeo’s 2022 Quality of Life Index to compare the quality of life in nearly 200 different cities around the world. For the purposes of this research, Siu used cities with metropolitan area populations of over 500,000.

The index measures quality of life using eight different metrics:

  • Cost of Living
  • Purchasing Power
  • Property Price to Income Ratio
  • Pollution
  • Traffic Commute Time
  • Safety
  • Healthcare
  • Climate

A majority of the metrics (five of the eight) seemed to correlate with population size, suggesting that the bigger a city’s population is, the lower its quality of life in those metrics.

Here’s a look at the full list of cities included in the study, along with their overall quality of life scores and their metro area populations:

CityQuality of Life IndexMetro Area Population
Adelaide, Australia212.141,355,522
The Hague (Den Haag), Netherlands (Read more...)

The Domino Effects of Tropical Deforestation

This post is by Iman Ghosh from Visual Capitalist

The following content is sponsored by The LEAF Coalition

The Domino Effects of Tropical Deforestation

According to the Food and Agriculture Organization of the United Nations (FAO), we lose over 10 million hectares of forests every single year. That’s the same as losing an area the size of New York’s Central Park every 18 minutes.

In this graphic from our sponsor LEAF Coalition, we take a look at the drastic knock-on effects of tropical deforestation: from significant greenhouse gas emissions and irreversible loss in biodiversity to the impact on the lives of Indigenous Peoples.

Global Greenhouse Gas Emissions by Economic Sector

When looking at how greenhouse gas emissions break down by sector, the agriculture, forestry, and other land use (AFOLU) sector is responsible for nearly 15% of global emissions.

Moreover, global models estimate that net emissions from land use and land use change are mostly as a result of deforestation.

Sector% of Global Greenhouse Gas Emissions, 2019
Energy: Electricity & Heat31.8%
Agriculture, Forestry, & Other Land Use14.9%
Energy: Transport14.3%
Energy: Manufacturing & Construction12.7%
Energy: Fugitive Emissions6.8%
Energy: Buildings6.2%
Industrial Processes6.1%
Energy: International Bunker2.6%
Energy: Other Fuel Combustion1.2%

From 2002-2015, a handful of commodities were responsible for 55% of all agriculture-linked deforestation. These include:

NH Marathon (#26): The Ferocious Battle for Not Last Place

This post is by Brad Feld from Brad Feld

I made my move at mile 22.

I’d been trailing my nemesis for a dozen miles. The half-mile cutoff was 2:50, and I rolled through at 2:43, so I had plenty of room to spare, although, by this point, I’d given up on my goal of 5:30.

My nemesis was wearing a red shirt. I could see them a quarter to a half-mile ahead of me for several hours. I’d get a little closer, and then they’d pull away.

At mile 14.5, a timing device was set up, presumably to ensure the marathoners were on the second loop. I noticed the guy monitoring it (who later I learned was named Nate) picking up the cones after I went through.

I asked, “Am I in last place?”


“That’s a new experience for me. I guess I have a goal besides finishing.”

“What’s that?”

“Not coming in last.”

I knew I had several hours to catch the person in the red shirt. There was no rush. I took it easy and just cruised through miles 14 to 22. My new friend Nate the Great was at each water stop, packing things into his U-Haul after I passed. Since Red Shirt wasn’t really pulling away much, I’d stop, fill up my water bottle, and chat with Nate.

At mile 22, I picked up the pace. The last three miles of the course were on the Rail Trail. The nice people in New Hampshire considerately paint all the rocks and tree roots on (Read more...)

Momentum Monday…A Break From Relentless Selling or Just Selling Rotation? and Let’s Talk About Bonds…

This post is by Howard Lindzon from Howard Lindzon

As a reminder, Marketsmith (by Investor’s Business Daily) is now a sponsor of the weekly show. All the charts you have been seeing in the videos and will continue to see are from Marketsmith. They are offering my readers a three week trial for $19.95. Click this link if you would like to try it out.

Good morning everyone.

Last week there was a little bit of relief for tech stocks and banks. Defense stocks are benefitting from the drumbeat of war and actual spending.

Here is this weeks Momentum Monday where Ivanhoff and I tour the markets looking for momentum. I have embedded the viseo on the blog here below:

While some tech bounced, the selling and rollovers continues in rails and truckers. The recession textbook is in play, but the strength in energy defies the playbook for now.

I share a couple new ideas starting at minute 13…

It is BONDS that are the big crash story of 2022 (even though China markets crash is a big one).

Here are two charts that capture the Bond misery:

I added some bonds via $AGG for the first time in my life (but I have been heavy cash and am an old fart).

Here are Ivanhoff’s thoughts and he lists the defense stocks that are strongest right now:

The S&P 500 (SPY) finally had a strong weekly close for the first time since early September. SPY has room to run to 380 where it will probably encounter some minor (Read more...)