Akín
@itsaykay.bsky.social
Lifelong #MUFC. ❤️: 📚, ideas, 🎼, human behaviour, 📈, economics, ✈️, fashion, language, zeitgeist. Ⓜ️@[email protected] Usual caveats apply.
Reposted by Akín
States, unlike the federal government, cannot have deficits. The massive cost shift from the feds to states for both Medicaid and SNAP, will just lead states to either massively cut, or just abandon altogether, these programs.
Huge sleeper issue is how states will (or won’t) be able to absorb huge SNAP cuts in BBB. www.inquirer.com/politics/pen...
Gov. Josh Shapiro said he’s not sure SNAP will be able to exist in Pa. under President Trump’s megabill
Pennsylvania won't be able afford the cost of federal food assistance if Trump's tax and spending plan becomes reality, Shapiro said.
www.inquirer.com
July 3, 2025 at 11:17 AM
States, unlike the federal government, cannot have deficits. The massive cost shift from the feds to states for both Medicaid and SNAP, will just lead states to either massively cut, or just abandon altogether, these programs.
Reposted by Akín
I wouldn't be Chancellor for all the money in the world. Incredibly tough job. Impossible ask. Especially over the last decade.
contd
contd
July 2, 2025 at 6:48 PM
I wouldn't be Chancellor for all the money in the world. Incredibly tough job. Impossible ask. Especially over the last decade.
contd
contd
Reposted by Akín
🇨🇳 NEW | Analysis: Clean energy contributed a record 10% of China’s GDP in 2024
Solar, EVs, and batteries drove a quarter of the country’s GDP growth in 2024 and have overtaken real-estate sales in value
bit.ly/4kg1R18
w/ @laurimyllyvirta.bsky.social @carbonbrief.org
Solar, EVs, and batteries drove a quarter of the country’s GDP growth in 2024 and have overtaken real-estate sales in value
bit.ly/4kg1R18
w/ @laurimyllyvirta.bsky.social @carbonbrief.org
February 19, 2025 at 1:21 AM
🇨🇳 NEW | Analysis: Clean energy contributed a record 10% of China’s GDP in 2024
Solar, EVs, and batteries drove a quarter of the country’s GDP growth in 2024 and have overtaken real-estate sales in value
bit.ly/4kg1R18
w/ @laurimyllyvirta.bsky.social @carbonbrief.org
Solar, EVs, and batteries drove a quarter of the country’s GDP growth in 2024 and have overtaken real-estate sales in value
bit.ly/4kg1R18
w/ @laurimyllyvirta.bsky.social @carbonbrief.org
Reposted by Akín
Read the full article with a lot more detail on the developments in different clean energy sectors as well as the findings and the methodology:
www.carbonbrief.org/analysis-cle...
www.carbonbrief.org/analysis-cle...
Analysis: Clean energy contributed a record 10% of China’s GDP in 2024 - Carbon Brief
Clean-energy technologies contributed more than 10% of China’s economic growth in 2024 for the first...
www.carbonbrief.org
February 19, 2025 at 4:57 AM
Read the full article with a lot more detail on the developments in different clean energy sectors as well as the findings and the methodology:
www.carbonbrief.org/analysis-cle...
www.carbonbrief.org/analysis-cle...
Reposted by Akín
It matters for the world and for the global climate effort that clean energy is so central to China's economic growth, because it provides a strong motivation for the country's policymakers to sustain the rapid growth of the sector, which in turn would help peak and decline the country's emissions.
February 19, 2025 at 4:57 AM
It matters for the world and for the global climate effort that clean energy is so central to China's economic growth, because it provides a strong motivation for the country's policymakers to sustain the rapid growth of the sector, which in turn would help peak and decline the country's emissions.
Reposted by Akín
The exponential growth in energy storage will hopefully give China's decision-makers confidence that they can keep the lights on without new coal. Storage is a new policy priority, with a new action plan aiming for "distinct international competitive edge".
bsky.app/profile/yanq...
bsky.app/profile/yanq...
🔋China released 'Action Plan for High-Quality Development of New Energy Storage Manufacturing Industry'
Objective: by 2027 the international competitive advantage of China new energy storage manufacturing industry will be outstanding
Objective: by 2027 the international competitive advantage of China new energy storage manufacturing industry will be outstanding
February 19, 2025 at 4:57 AM
The exponential growth in energy storage will hopefully give China's decision-makers confidence that they can keep the lights on without new coal. Storage is a new policy priority, with a new action plan aiming for "distinct international competitive edge".
bsky.app/profile/yanq...
bsky.app/profile/yanq...
Reposted by Akín
The key role of clean energy in China's economy shows that the sector can be a major driver of economic growth and investment. China's clean energy sectors are the largest in the world in absolute terms, but in relation to the size of the economy, these rewards are attainable elsewhere as well.
February 19, 2025 at 4:57 AM
The key role of clean energy in China's economy shows that the sector can be a major driver of economic growth and investment. China's clean energy sectors are the largest in the world in absolute terms, but in relation to the size of the economy, these rewards are attainable elsewhere as well.
Reposted by Akín
The “new three” of EVs, batteries, and solar continued to dominate the economic contribution of clean energy in China, generating three-quarters of the value added and attracting more than half of all investment in the sectors overall.
February 19, 2025 at 4:57 AM
The “new three” of EVs, batteries, and solar continued to dominate the economic contribution of clean energy in China, generating three-quarters of the value added and attracting more than half of all investment in the sectors overall.
Reposted by Akín
Energy storage was the growth story of 2024, with almost 40 GW of battery storage and 4 GW of electrolyzers added to the grid, up 70% and 100% on year, and pumped hydro storage capacity under construction rising to 190 GW.
February 19, 2025 at 4:57 AM
Energy storage was the growth story of 2024, with almost 40 GW of battery storage and 4 GW of electrolyzers added to the grid, up 70% and 100% on year, and pumped hydro storage capacity under construction rising to 190 GW.
Reposted by Akín
The clean energy sectors in order of value: EVs and batteries; solar; other clean power; rail transportation; electricity grids and storage; and energy efficiency.
February 19, 2025 at 4:57 AM
The clean energy sectors in order of value: EVs and batteries; solar; other clean power; rail transportation; electricity grids and storage; and energy efficiency.
Reposted by Akín
Investment in clean energy reached 6.8tn yuan ($940bn), close to the global total put into fossil fuels in 2024, and of a similar scale to the overall size of Saudi Arabia’s economy.
February 19, 2025 at 4:57 AM
Investment in clean energy reached 6.8tn yuan ($940bn), close to the global total put into fossil fuels in 2024, and of a similar scale to the overall size of Saudi Arabia’s economy.
Reposted by Akín
Clean energy sectors grew three times as fast as the Chinese economy overall, accounting for 26% of all GDP growth in 2024.
China would have missed its 5% target for GDP growth without the growth from clean technologies, expanding by 3.6% instead of the 5.0% reported.
China would have missed its 5% target for GDP growth without the growth from clean technologies, expanding by 3.6% instead of the 5.0% reported.
February 19, 2025 at 4:57 AM
Clean energy sectors grew three times as fast as the Chinese economy overall, accounting for 26% of all GDP growth in 2024.
China would have missed its 5% target for GDP growth without the growth from clean technologies, expanding by 3.6% instead of the 5.0% reported.
China would have missed its 5% target for GDP growth without the growth from clean technologies, expanding by 3.6% instead of the 5.0% reported.
Reposted by Akín
New from us: clean energy technologies contributed more than 10% of China’s GDP in 2024 for the first time ever, with sales and investments worth $1.9tn.
Clean energy sectors drove a quarter of the country’s GDP growth and have overtaken real estate sales in value.
Clean energy sectors drove a quarter of the country’s GDP growth and have overtaken real estate sales in value.
February 19, 2025 at 4:57 AM
New from us: clean energy technologies contributed more than 10% of China’s GDP in 2024 for the first time ever, with sales and investments worth $1.9tn.
Clean energy sectors drove a quarter of the country’s GDP growth and have overtaken real estate sales in value.
Clean energy sectors drove a quarter of the country’s GDP growth and have overtaken real estate sales in value.
Reposted by Akín
China's wind and solar industries themselves have expected the effect of the new tariff policy to be manageable, with a significant slowdown in the second half of this year but next year's capacity additions climbing above this year's levels.
bsky.app/profile/laur...
bsky.app/profile/laur...
China's new pricing policy for renewables has caused a rush to install before it takes effect in June. Clean energy growth is expected to remain at 2024 record levels, both this year and next, even under the new policy, but uncertainty has increased.
June 24, 2025 at 5:47 AM
China's wind and solar industries themselves have expected the effect of the new tariff policy to be manageable, with a significant slowdown in the second half of this year but next year's capacity additions climbing above this year's levels.
bsky.app/profile/laur...
bsky.app/profile/laur...
Reposted by Akín
Due to the major economic significance of the clean energy industry and its importance in meeting GDP targets, both the central and provincial governments will want to keep the industry humming, so I expect them to act if the new tariff policy results in a sharp slowdown.
bsky.app/profile/laur...
bsky.app/profile/laur...
New from us: clean energy technologies contributed more than 10% of China’s GDP in 2024 for the first time ever, with sales and investments worth $1.9tn.
Clean energy sectors drove a quarter of the country’s GDP growth and have overtaken real estate sales in value.
Clean energy sectors drove a quarter of the country’s GDP growth and have overtaken real estate sales in value.
June 24, 2025 at 5:47 AM
Due to the major economic significance of the clean energy industry and its importance in meeting GDP targets, both the central and provincial governments will want to keep the industry humming, so I expect them to act if the new tariff policy results in a sharp slowdown.
bsky.app/profile/laur...
bsky.app/profile/laur...
Reposted by Akín
The jump in capacity means that clean power generation growth will remain strong this year and early next year even if capacity additions slow down. This gives the policymakers and the companies some time to calibrate policies and develop business models under the new system.
June 24, 2025 at 5:47 AM
The jump in capacity means that clean power generation growth will remain strong this year and early next year even if capacity additions slow down. This gives the policymakers and the companies some time to calibrate policies and develop business models under the new system.
Reposted by Akín
For companies in the sector, the lull in installations that follows this rush of course means hard times.
June 24, 2025 at 5:47 AM
For companies in the sector, the lull in installations that follows this rush of course means hard times.
Reposted by Akín
The rush to install will make the numbers for the rest of the year hard to read, as the project pipeline will have been drained to an extent. So it will take some months before we see where the additions of new capacity settle after the change to tariffs.
June 24, 2025 at 5:47 AM
The rush to install will make the numbers for the rest of the year hard to read, as the project pipeline will have been drained to an extent. So it will take some months before we see where the additions of new capacity settle after the change to tariffs.
Reposted by Akín
This massive wave of capacity additions will inevitably be followed by a lull, but it still shows what is possible with the dramatically reduced costs and increased supply capacity of the solar industry in particular.
June 24, 2025 at 5:47 AM
This massive wave of capacity additions will inevitably be followed by a lull, but it still shows what is possible with the dramatically reduced costs and increased supply capacity of the solar industry in particular.
Reposted by Akín
These wild installation numbers are made possible by rapid growth of the sector in the past few years and by strong profitability, compounded by a rush to install before a June deadline when the tariffs paid to new renewable power plants change.
June 24, 2025 at 5:47 AM
These wild installation numbers are made possible by rapid growth of the sector in the past few years and by strong profitability, compounded by a rush to install before a June deadline when the tariffs paid to new renewable power plants change.
Reposted by Akín
Chinese companies installed 93 GW of solar and 27 GW of wind in a single month in May. That's about 230 million solar panels and 5300 wind turbines. That's almost 100 solar panels every second, and a wind turbine every 10 minutes.
June 24, 2025 at 5:47 AM
Chinese companies installed 93 GW of solar and 27 GW of wind in a single month in May. That's about 230 million solar panels and 5300 wind turbines. That's almost 100 solar panels every second, and a wind turbine every 10 minutes.
Reposted by Akín
In the first five months of the year, China added 198 GW of solar and 46 GW of wind. Those turbines and panels will generate as much electricity as:
-Indonesia
-Turkey
-Any U.S. state except for Texas or
-California, Arizona and New Mexico put together
-and much more than the UK
-Indonesia
-Turkey
-Any U.S. state except for Texas or
-California, Arizona and New Mexico put together
-and much more than the UK
June 24, 2025 at 5:47 AM
In the first five months of the year, China added 198 GW of solar and 46 GW of wind. Those turbines and panels will generate as much electricity as:
-Indonesia
-Turkey
-Any U.S. state except for Texas or
-California, Arizona and New Mexico put together
-and much more than the UK
-Indonesia
-Turkey
-Any U.S. state except for Texas or
-California, Arizona and New Mexico put together
-and much more than the UK
Reposted by Akín
We knew China's rush to install solar and wind was going to be wild but WOW😮. The solar panels & wind turbines China installed in May alone, in a single month, will generarate as much electricity as:
-Poland
-Sweden
-Norway
-the UAE
-North Carolina&Maryland or
-Washington&Wyoming
-Poland
-Sweden
-Norway
-the UAE
-North Carolina&Maryland or
-Washington&Wyoming
June 24, 2025 at 5:47 AM
We knew China's rush to install solar and wind was going to be wild but WOW😮. The solar panels & wind turbines China installed in May alone, in a single month, will generarate as much electricity as:
-Poland
-Sweden
-Norway
-the UAE
-North Carolina&Maryland or
-Washington&Wyoming
-Poland
-Sweden
-Norway
-the UAE
-North Carolina&Maryland or
-Washington&Wyoming
Reposted by Akín
academic folks: Harvard international students may need to begin immediately transferring out in order to avoid having to leave the country
If it sounds insane, that's because it is
what will your institutions do to help?
If it sounds insane, that's because it is
what will your institutions do to help?
Fact Sheet: Maintaining student status when an SEVP certified school closes or loses its certification to enroll F-1 nonimmigrant students
www.ice.gov/doclib/sevis...
www.ice.gov/doclib/sevis...
www.ice.gov
May 22, 2025 at 7:07 PM
academic folks: Harvard international students may need to begin immediately transferring out in order to avoid having to leave the country
If it sounds insane, that's because it is
what will your institutions do to help?
If it sounds insane, that's because it is
what will your institutions do to help?
Reposted by Akín
Can't quite get out of my head the conviction that DT knows that had this been the policy in the 1950s, Barack Obama Sr. might never have come to the US....
May 22, 2025 at 7:31 PM
Can't quite get out of my head the conviction that DT knows that had this been the policy in the 1950s, Barack Obama Sr. might never have come to the US....