US Senate Finally Passes Its Massive Climate Bill
After a vote on the very last proposed amendment, the Senate heard these final remarks from Democrat Senate Majority Leader, Chuck Schumer on what he called “the boldest climate package in US history.”
“It’s been a long, tough, and winding road. But at last — at last — we have arrived. I know it’s been a long day and long night, but we’ve gotten it done….”
“It’s a game changer. It’s a turning point. And it’s been a long time coming.
“To Americans who have lost faith that Congress can do big things, this bill is for you…
And to the tens of millions of young Americans who spent years marching, rallying, demanding that Congress act on climate change, this bill is for you. The time has come to pass this historic bill.”
One by one, Senators delivered their votes for the official tally, and at 3:18 PST Harris announced that “On this vote, the yeas are 50, the nays are 50.” And with the vice president casting deciding votes in an equally-divided Senate, “the bill as amended is passed.”
And the Senate broke into spontaneous applause.
The bill now goes to the U.S. House of Representatives, which is expected to vote on it Friday.
As Slashdot reported last week:
The bill helps U.S consumers buy electric vehicle chargers, rooftop solar panels, and fuel-efficient heat pumps. It extends energy-industry tax credits for wind, solar and other renewable energy sources — and for carbon capture technology. In fact, most of its impact is accomplished through tax credits, reports the New York Times, “viewed as one of the least expensive ways to reduce carbon emissions.
“The benefits are worth four times their cost, according to calculations by the Energy Policy Institute at the University of Chicago.” One example is ending an eligibility cap on the $7,500 tax credit for consumers buying electric vehicles.
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Biden Signs China Competition Bill To Boost US Chipmakers
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US Approves Google Plan To Let Political Emails Bypass Gmail Spam Filter
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US State of Virginia Has More Datacenter Capacity Than Europe or China
“Hyperscale operators take a lot of factors into account when deciding where to locate their datacenter infrastructure,” said Synergy chief analyst John Dinsdale. “This includes availability of suitable real estate, cost and availability of power supply options, proximity to customers, the risk of natural disasters, local incentives and approvals processes, the ease of doing business and internal business dynamics, and this has inevitably led to some hyperscale hot spots.” Amazon in particular locates a large amount of its datacenter infrastructure in Northern Virginia, with Microsoft, Facebook, Google, ByteDance, and others also having a major presence, according to Synergy. The big three cloud providers — Amazon, Microsoft and Google — have the broadest hyperscale bit barn footprint, with each of these having over 130 datacenters of the 800 or so around the globe. When measured in datacenter capacity, the leading companies are Amazon, Google, Microsoft, Facebook, Alibaba and Tencent, according to Synergy.
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Rolls Royce Exits Boom’s Supersonic Airliner Project
Earlier in the day, news broke that R-R had backed out of the Boom project. “We’ve completed our contract with Boom and delivered various engineering studies for their Overture supersonic program,” the UK engine manufacturer says. “After careful consideration, Rolls-Royce has determined that the commercial aviation supersonic market is not currently a priority for us and, therefore, will not pursue further work on the program at this time. It has been a pleasure to work with the Boom team and we wish them every success in the future.”
Boom, with offices in Denver, has been developing a supersonic aircraft called Overture that it says will carry up to 80 passengers and cruise at Mach 1.7. It initially intended for Overture to have two engines, but recently changed to a four-engined design. The company has been targeting first flight of Overture in 2026 and first delivery in 2029. “Overture remains on track to carry passengers in 2029, and we are looking forward to making our engine announcement later this year,” Boom says.
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San Francisco Decriminalizes Psychedelics
Decriminalize Nature San Francisco helped advance the resolution, which also implores city officials to “instruct” its state and federal lobbyists to push for psychedelics decriminalization in California and federally. The whereas section of the measure talks about emerging research that shows entheogenic substances have therapeutic potential to treat a wide range of mental health conditions such as post-traumatic stress disorder (PTSD) and substance misuse disorder. It further notes that the “state legislature has already started the conversation around the decriminalization of personal possession of small amounts of seven psychedelic substances,” in the form of a bill from Sen. Scott Wiener (D) that passed the Senate and several Assembly committees before being significantly scaled back in a final panel and ultimately pulled by the sponsor.
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A Text Alert May Have Saved California From Power Blackouts
But while the state’s grid operator said California had avoided rolling blackouts Tuesday, some cities apparently didn’t get the message. Officials in three San Francisco Bay area cities — Alameda, Healdsburg and Palo Alto — reported on social media that power shutdowns were underway that evening, which also could have contributed to the sharp decline in demand. By 8 p.m., the grid operator canceled the highest level of emergency without calling for power cuts. More than 500,000 homes and businesses had been warned earlier in the day that they might lose service.
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Former Disney CEO Says Company Found a ‘Substantial Portion’ of Twitter Users Were Not Real When It Evaluated Acquisition in 2016
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Snap’s Master Plan To Turn Its Business Around
Snap recently laid off 20 percent of its workforce, cutting whole teams and projects like its recently introduced camera drone. Even still, Spiegel said the company remains committed to augmented reality, which he thinks “represents the next major evolution in computing,” and that the next generation of its Spectacles AR glasses is in development. “Leadership in augmented reality is important to Snap because it helps us build a durable competitive advantage that comes from investing over the long term, building things that are technically difficult, and growing a platform that is increasingly hard to replicate,” Spiegel said. “It also positions us to benefit from the next major platform shift: mobile to wearables. Leading this shift will be one of our most meaningful contributions to human progress; empowering people to express themselves, live in the moment, learn about the world, and have fun together.”
Here are some other highlights from the memo:
– Snap aims to grow time spent on content by 10 percent per user in 2023.
– It wants 35 percent of users interacting daily with the Map tab of Snapchat and 30 percent of users on Spotlight, its TikTok competitor, every day next year.
– The plan is to make $6 billion in revenue and at least $1 billion in free cash flow in 2023.
– Snap wants AR-based advertising to make up 10 percent of its total ad revenue next year.
– The company wants to grow the number of people who use its AR effects, called Lenses, in other apps to 1 billion monthly users next year.
– It is setting up an AR enterprise division to sell its technology to other companies.
– “We will help developers confidentially explore the possibilities that are enabled with our next-generation” of Spectacles, according to Spiegel, which suggests the next version won’t be commercially available for sale.
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