×
AI

NewsBreak, Most Downloaded US News App, Caught Sharing 'Entirely False' AI-Generated Stories 98

An anonymous reader quotes a report from Reuters: Last Christmas Eve, NewsBreak, a free app with roots in China that is the most downloaded news app in the United States, published an alarming piece about a small town shooting. It was headlined "Christmas Day Tragedy Strikes Bridgeton, New Jersey Amid Rising Gun Violence in Small Towns." The problem was, no such shooting took place. The Bridgeton, New Jersey police department posted a statement on Facebook on December 27 dismissing the article -- produced using AI technology -- as "entirely false." "Nothing even similar to this story occurred on or around Christmas, or even in recent memory for the area they described," the post said. "It seems this 'news' outlet's AI writes fiction they have no problem publishing to readers." NewsBreak, which is headquartered in Mountain View, California and has offices in Beijing and Shanghai, told Reuters it removed the article on December 28, four days after publication.

The company said "the inaccurate information originated from the content source," and provided a link to the website, adding: "When NewsBreak identifies any inaccurate content or any violation of our community standards, we take prompt action to remove that content." As local news outlets across America have shuttered in recent years, NewsBreak has filled the void. Billing itself as "the go-to source for all things local," Newsbreak says it has over 50 million monthly users. It publishes licensed content from major media outlets, including Reuters, Fox, AP and CNN as well as some information obtained by scraping the internet for local news or press releases which it rewrites with the help of AI. It is only available in the U.S. But in at least 40 instances since 2021, the app's use of AI tools affected the communities it strives to serve, with Newsbreak publishing erroneous stories; creating 10 stories from local news sites under fictitious bylines; and lifting content from its competitors, according to a Reuters review of previously unreported court documents related to copyright infringement, cease-and-desist emails and a 2022 company memo registering concerns about "AI-generated stories."
Five of the seven former NewsBreak employees Reuters spoke to said most of the engineering work behind the app's algorithm is carried out in its China-based offices. "The company launched in the U.S. in 2015 as a subsidiary of Yidian, a Chinese news aggregation app," notes Reuters. "Both companies were founded by Jeff Zheng, the CEO of Newsbreak, and the companies share a U.S. patent registered in 2015 for an 'Interest Engine' algorithm, which recommends news content based on a user's interests and location."

"NewsBreak is a privately held start-up, whose primary backers are private equity firms San Francisco-based Francisco Partners, and Beijing-based IDG Capital."
Businesses

A Billionaire-Backed Texas Stock Exchange Is In The Works (forbes.com) 71

Cailey Gleeson reports via Forbes: A group backed by more than two dozen investors -- including Citadel Securities and BlackRock -- is planning to start its own stock exchange in Texas, it said Wednesday, in an attempt to compete with the New York Stock Exchange and Nasdaq. The Texas Stock Exchange (TXSE) -- owned by TXSE Group Inc. and founded in 2023, per its LinkedIn -- will be a "fully electronic national securities exchange" that seeks to expand access to markets for all investors and those seeking access to public capital, according to Wednesday's press release.

The TXSE aims to have primary listings, dual listings and exchange-traded products, according to The Wall Street Journal, which first reported the news. The stock exchange has raised $120 million in capital and plans to register with the Securities and Exchange Commission later this year, according to the press release, while it will also have a physical headquarters in Dallas, and the company will employ about 100 people, The Dallas Morning News reported. It plans to start facilitating trades in 2025 and host its first listing the following year, multiple outlets reported.
The Wall Street Journal notes that past attempts at regional stock exchanges have failed, such as the Chicago Stock Exchange and Philadelphia Stock Exchange -- both of which combined with the NYSE and Nasdaq.

"The NYSE considered relocating its electronic trading systems to the Dallas-Fort Worth area in late 2020, amid a proposed financial transaction tax on stocks in New York," adds Forbes. "But the move did not go through, nor the proposed tax,."
United States

US Lawmakers Accuse Nigeria of Taking Binance Executive Hostage (bloomberg.com) 44

US lawmakers accused Nigeria of taking a Binance executive "hostage" and urged President Joe Biden to help secure his release. From a report: Sixteen Republican congressman including Chairman of the House Foreign Affairs Committee Michael McCaul wrote to Biden to have the case of Tigran Gambaryan referred to the Office of the Special Presidential Envoy for Hostage Affairs. A US citizen, Gambaryan is head of financial crime compliance at Binance and has been held at a prison in the Nigerian capital, Abuja, since April.

"The charges against Mr. Gambaryan are baseless and constitute a coercion tactic by the Nigerian government to extort his employer, Binance," the lawmakers wrote in the June 4 letter, a copy of which has been seen by Bloomberg. "Following these charges, Mr. Gambaryan qualifies as a 'U.S. Citizen wrongfully detained by a foreign government,'" they said. The faceoff between Africa's most-populous nation and the world's largest cryptocurrency exchange burst into view in February, when Nigerian authorities detained Gambaryan and a colleague -- who subsequently escaped -- during a visit to discuss the company's compliance issues with the country.

AI

Yellen To Warn of 'Significant Risks' From Use of AI in Finance (reuters.com) 16

U.S. Treasury Secretary Janet Yellen will warn that the use of AI in finance could lower transaction costs, but carries "significant risks," according to excerpts from a speech to be delivered on Thursday. From a report: In the remarks to a Financial Stability Oversight Council and Brookings Institution AI conference, Yellen says AI-related risks have moved towards the top of the regulatory council's agenda.

"Specific vulnerabilities may arise from the complexity and opacity of AI models, inadequate risk management frameworks to account for AI risks and interconnections that emerge as many market participants rely on the same data and models," Yellen says in the excerpts. She also notes that concentration among the vendors that develop AI models and that provide data and cloud services may also introduce risks that could amplify existing third-party service provider risks. "And insufficient or faulty data could also perpetuate or introduce new biases in financial decision-making," according to Yellen.

United States

A New Google Maps Layer Shows Public Restrooms In NYC (theverge.com) 44

Google Maps has introduced a new layer to help individuals find public restrooms in New York City. The Verge reports: As part of a new program called "Ur in Luck," the city has introduced a Maps view dotted with 1,000 public restrooms across the five boroughs. Users can view the map on their phones and locate the closest restroom that's accessible to the public. "Everyone -- seniors, parents with kids, anyone enjoying the day outdoors, needs access to a public bathroom without having to buy anything or beg for a code," Deputy Mayor for Operations Meera Joshi said in a press release. The city will also build 46 new restrooms and renovate 36 existing locations over the next five years.
Power

A Simple Fix Could Double the Size of the U.S. Electricity Grid (msn.com) 202

"There is one big thing holding the United States back from a pollution-free electricity grid running on wind, solar and battery power," writes the Washington Post. "Not enough power lines... the nation's sagging, out-of-date power lines are being overwhelmed — slowing the transition to clean energy and the fight against climate change." But experts say that there is a remarkably simple fix: installing new wires on the high-voltage lines that already carry power hundreds of miles across the United States. Just upgrading those wires, new reports show, could double the amount of power that can flow through America's electricity grid...

Most of America's lines are wired with a technology that has been around since the early 1900s — a core steel wire surrounded by strands of aluminum. When those old wires heat up — whether from power passing through them or warm outdoor temperatures — they sag. Too much sag in a transmission line can be dangerous, causing fires or outages. As a result, grid operators have to be careful not to allow too much power through the lines. But a couple of decades ago, engineers designed a new type of wire: a core made of carbon fiber, surrounded by trapezoidal pieces of aluminum. Those new, carbon-fiber wires don't sag as much in the heat. That means that they can take up to double the amount of power as the old lines. According to the recent study from researchers at UC-Berkeley and GridLab, replacing these older steel wires could provide up to 80 percent of the new transmission needed on the electricity grid — without building anything new. It could also cost half as much as building an entirely new line and avoid the headaches of trying to get every state, city and even landowner along the route to agree to a new project...

If stringing new lines is so easy — and cheap — why hasn't it been done already? Part of the problem, experts say, is that utilities profit more from big infrastructure projects. Routine maintenance or larger-scale upgrades of the electricity grid don't help utilities make a lot of cash compared with building new transmission lines... Duncan Callaway, a professor of energy and resources at UC-Berkeley and one of the authors of the recent study, said that many transmission engineers are not used to thinking of rewiring as one of their tools. "But it's a much faster way," he said. Some changes are already underway to encourage this approach. For a long time, utilities had to undergo lengthy environmental reviews if they were rewiring a line longer than 20 miles. Earlier this month, the Federal Energy Regulatory Commission announced that those would no longer be necessary if utilities are simply replacing wires.

Education

There's a Program to Cancel Some Private US Student Loans. Most Don't Know About It. (yahoo.com) 50

The New York Times reports on a program to forgive U.S. student loans from private lenders — a kind of private parallel to a federal program which "allows those who were seriously misled by their schools to have their federal student loans eliminated."

The problem? Eight U.S. senators complain the loan discharge process remains "burdensome and confusing" — and most students don't even know it exists. Navient, a large owner of private student loan debt, has created, but not publicized, a program that allows borrowers to apply to have their loans forgiven.... A nonprofit group of lawyers has stepped in ease the process: On Thursday, the Project on Predatory Student Lending, an advocacy group in Boston, published Navient's application form and an instruction guide for borrowers with private loans who are seeking relief on the grounds that their school lied to them...

For nearly a decade, in the early 2000s, Navient — then known as Sallie Mae — struck deals with for-profit schools to issue private loans to their students. Lawsuits from state attorneys general later accused Navient of making those loans knowing that most would never be repaid. Many schools indemnified Navient for the private loans, agreeing to defray the company's loss if the loans defaulted. In 2022, Navient settled with 40 state attorneys general and canceled $1.7 billion in debt on those private loans — but only for borrowers who had already defaulted. Because those debts were unlikely to ever be repaid, the deal cost Navient only $50 million, the company said in regulatory filings. Borrowers who had kept paying their bills... remained stuck.

But a pressure campaign from lawmakers, federal regulators and lawyers representing borrowers prompted the company to create the "school misconduct discharge." Navient began sending a 12-page application form this year to some borrowers who complained about their private loans. The document lists dozens of types of impropriety by schools — such as inflating job placement rates and graduates' earnings, or misrepresenting their educational programs — and asks borrowers to choose which apply to their experience. Applicants are required to submit documentation for their claims...

[Navient's CEO, David Yowan] told investors on a conference call in January that Navient had put $35 million in reserve for losses on school misconduct claims. He cited "new regulatory expectations" as the reason. Navient has not disclosed how much of its $16.6 billion private student loan portfolio consists of loans that could be eligible for the debt cancellation program.

Transportation

Electric Car Sales Keep Increasing in California, Despite 'Negative Hype' (eastbaytimes.com) 209

This week the Washington Post reported that Americans "are more hesitant to buy EVs now than they were a year ago, according to a March Gallup poll, which found that just 44 percent of American adults say they'd consider buying an EV in the future, down from 55 percent last year. High prices and charging worries consistently rank as the biggest roadblocks for electric vehicles," they write, noting the concerns coincide with a slowdown in electric car and truck sales, while hybrids are increasing their market share.

But something else happened this week. The chair of California's Air Resource Board and the chair of the state's Energy Commission teamed up for an op-ed piece arguing that "despite negative hype," electric cars are their state's future: When California's electric vehicle sales dipped at the end of last year, critics predicted the start of a new downward trend that would doom the industry and the state's broader effort to clean up the transportation sector, the single largest source of greenhouse gases and air pollution. But the latest numbers show that's not the case. Californians purchased 108,372 new zero-emission vehicles in the first three months of 2024 — nearly 7,000 more than the same time last year and the highest-ever first-quarter sales.

Today, one in four new cars sold in the Golden State is electric, up from just 8% in 2020...

California is now home to 56 manufacturers of zero-emission vehicles and related products, making our state a hub for cutting-edge automotive technology. Soon even raw materials will be sourced in-state, paving the way for domestic battery production...

Challenges persist, and chief among them is the need for more widely available charging options. Many more charging stations need to be built as fast as possible to keep up with EV adoption. To address this, California is investing $4 billion over six years to rapidly build out the EV refueling network, on top of billions in investment by utilities. Equally essential is improved reliability of the EV charging network. Too many drivers today encounter faulty charging stations, which is why the California Energy Commission is developing the strongest charging reliability standards in the country and will require companies to be transparent with the public about their performance.

They also point out that California "now boasts more EV chargers in the state than gasoline nozzles."

And that it's become the first U.S. state whose best-selling car is electric.
Power

Battery-Powered California Faces Lower Blackout Risk This Summer (mercurynews.com) 80

An anonymous reader quotes a report from Bloomberg: California expects to avoid rolling blackouts this summer as new solar plants and large batteries plug into the state's grid at a rapid clip. The state's electricity system has been strained by years of drought, wildfires that knock out transmission lines and record-setting heat waves. But officials forecast Wednesday new resources added to the grid in the last four years would give California ample supplies for typical summer weather.

Since 2020, California has added 18.5 gigawatts of new resources. Of that, 6.6 gigawatts were batteries, 6.3 gigawatts were solar and 1.4 gigawatts were a combination of solar and storage. One gigawatt can power about 750,000 homes. In addition, the state's hydropower plants will be a reliable source of electricity after two wet winters in a row ended California's most recent drought. Those supplies would hold even if California experiences another heat wave as severe as the one that triggered rolling blackouts across the state in August 2020, officials said in a briefing Wednesday. In the most dire circumstances, the state now has backup resources that can supply an extra 5 gigawatts of electricity, including gas-fired power plants that only run during emergencies.

The Almighty Buck

FCC Ends Affordable Internet Program Due To Lack of Funds (cnn.com) 68

The Affordable Connectivity Program (ACP), which provided monthly internet bill credits for low-income Americans, will officially end on June 1 due to a lack of additional funding from Congress. This termination threatens nearly 60 million Americans with increased financial hardship, as the program's lapse leaves them without the subsidies that made internet access affordable. CNN reports: The 2.5-year-old ACP provided eligible low-income Americans with a monthly credit off their internet bills, worth up to $30 per month and as much as $75 per month for households on tribal lands. The pandemic-era program was a hit with members of both political parties and served tens of millions of seniors, veterans and rural and urban Americans alike. Program participants received only partial benefits in May ahead of the ACP's expected collapse. [...]

On Friday, Biden reiterated his calls for Congress to pass legislation extending the ACP. He also announced a series of voluntary commitments by a handful of internet providers to offer -- or continue offering -- their own proprietary low-income internet plans. The list includes AT&T, Comcast, Cox, Charter's Spectrum and Verizon, among others. Those providers will continue to offer qualifying ACP households a broadband plan for $30 or less, the White House said, and together the companies are expected to cover roughly 10 million of the 23 million households relying on the ACP.
"The Affordable Connectivity Program filled an important gap that provider low-income programs, state and local affordability programs, and the Lifeline program cannot fully address," said FCC Chairwoman Jessica Rosenworcel in a statement, referring to the name of another, similar FCC program that subsidizes wireless and home internet service. "The Commission is available to provide any assistance Congress may need to support funding the ACP in the future and stands ready to resume the program if additional funding is provided."
Earth

Vermont Becomes 1st State To Enact Law Requiring Oil Companies Pay For Damage From Climate Change (apnews.com) 130

Vermont has become the first state to enact a law requiring fossil fuel companies to pay a share of the damage caused by climate change after the state suffered catastrophic summer flooding and damage from other extreme weather. From a report: Republican Gov. Phil Scott allowed the bill to become law without his signature late Thursday, saying he is very concerned about the costs and outcome of the small state taking on "Big Oil" alone in what will likely be a grueling legal fight. But he acknowledged that he understands something has to be done to address the toll of climate change. "I understand the desire to seek funding to mitigate the effects of climate change that has hurt our state in so many ways," Scott, a moderate Republican in the largely blue state of Vermont, wrote in a letter to lawmakers.

Scott, a popular governor who recently announced that he's running for reelection to a fifth two-year term, has been at odds with the Democrat-controlled Legislature, which he has called out of balance. He was expected by environmental advocates to veto the bill but then allowed it to be enacted. Scott wrote to lawmakers that he was comforted that the Agency of Natural Resources is required to report back to the Legislature on the feasibility of the effort. Last July's flooding from torrential rains inundated Vermont's capital city of Montpelier, the nearby city Barre, some southern Vermont communities and ripped through homes and washed away roads around the rural state. Some saw it as the state's worst natural disaster since a 1927 flood that killed dozens of people and caused widespread destruction. It took months for businesses -- from restaurants to shops -- to rebuild, losing out on their summer and even fall seasons. Several have just recently reopened while scores of homeowners were left with flood-ravaged homes heading into the cold season.

Social Networks

TikTok Preparing a US Copy of the App's Core Algorithm (reuters.com) 57

An anonymous reader quotes a report from Reuters: TikTok is working on a clone of its recommendation algorithm for its 170 million U.S. users that may result in a version that operates independently of its Chinese parent and be more palatable to American lawmakers who want to ban it, according to sources with direct knowledge of the efforts. The work on splitting the source code ordered by TikTok's Chinese parent ByteDance late last year predated a bill to force a sale of TikTok's U.S. operations that began gaining steam in Congress this year. The bill was signed into law in April. The sources, who were granted anonymity because they are not authorized to speak publicly about the short-form video sharing app, said that once the code is split, it could lay the groundwork for a divestiture of the U.S. assets, although there are no current plans to do so. The company has previously said it had no plans to sell the U.S. assets and such a move would be impossible. [...]

In the past few months, hundreds of ByteDance and TikTok engineers in both the U.S. and China were ordered to begin separating millions of lines of code, sifting through the company's algorithm that pairs users with videos to their liking. The engineers' mission is to create a separate code base that is independent of systems used by ByteDance's Chinese version of TikTok, Douyin, while eliminating any information linking to Chinese users, two sources with direct knowledge of the project told Reuters. [...] The complexity of the task that the sources described to Reuters as tedious "dirty work" underscores the difficulty of splitting the underlying code that binds TikTok's U.S. operations to its Chinese parent. The work is expected to take over a year to complete, these sources said. [...] At one point, TikTok executives considered open sourcing some of TikTok's algorithm, or making it available to others to access and modify, to demonstrate technological transparency, the sources said.

Executives have communicated plans and provided updates on the code-splitting project during a team all-hands, in internal planning documents and on its internal communications system, called Lark, according to one of the sources who attended the meeting and another source who has viewed the messages. Compliance and legal issues involved with determining what parts of the code can be carried over to TikTok are complicating the work, according to one source. Each line of code has to be reviewed to determine if it can go into the separate code base, the sources added. The goal is to create a new source code repository for a recommendation algorithm serving only TikTok U.S. Once completed, TikTok U.S. will run and maintain its recommendation algorithm independent of TikTok apps in other regions and its Chinese version Douyin. That move would cut it off from the massive engineering development power of its parent company in Beijing, the sources said. If TikTok completes the work to split the recommendation engine from its Chinese counterpart, TikTok management is aware of the risk that TikTok U.S. may not be able to deliver the same level of performance as the existing TikTok because it is heavily reliant on ByteDance's engineers in China to update and maintain the code base to maximize user engagement, sources added.

United States

New York Governor To Launch Bill Banning Smartphones in Schools (theguardian.com) 113

The New York governor, Kathy Hochul, plans to introduce a bill banning smartphones in schools, the latest in a series of legislative moves aimed at online child safety by New York's top official. From a report: "I have seen these addictive algorithms pull in young people, literally capture them and make them prisoners in a space where they are cut off from human connection, social interaction and normal classroom activity," she said. Hochul said she would launch the bill later this year and take it up in New York's next legislative session, which begins in January 2025. If passed, schoolchildren will be allowed to carry simple phones that cannot access the internet but do have the capability to send texts, which has been a sticking point for parents. She did not offer specifics on enforcing the prohibition. "Parents are very anxious about mass shootings in school," she said. "Parents want the ability to have some form of connection in an emergency situation." The smartphone-ban bill will follow two others Hochul is pushing that outline measures to safeguard children's privacy online and limit their access to certain features of social networks.
Earth

Corporations Invested in Carbon Offsets That Were 'Likely Junk', Analysis Says (theguardian.com) 48

Some of the world's most profitable -- and most polluting corporations -- have invested in carbon offset projects that have fundamental failings and are "probably junk," suggesting industry claims about greenhouse gas reductions were likely overblown, according to new analysis. From a report: Delta, Gucci, Volkswagen, ExxonMobil, Disney, easyJet and Nestle are among the major corporations to have purchased millions of carbon credits from climate friendly projects that are "likely junk" or worthless when it comes to offsetting their greenhouse gas emissions, according to a classification system developed by Corporate Accountability, a non-profit, transnational corporate watchdog. Some of these companies no longer use CO2 offsets amid mounting evidence that carbon trading do not lead to the claimed emissions cuts -- and in some cases may even cause environmental and social harms.

However, the multibillion-dollar voluntary carbon trading industry is still championed by many corporations including oil and gas majors, airlines, automakers, tourism, fast-food and beverage brands, fashion houses, banks and tech firms as the bedrock of climate action -- a way of claiming to reduce their greenhouse gas footprint while continuing to rely on fossil fuels and unsustainable supply chains. Yet, for 33 of the top 50 corporate buyers, more than a third of their entire offsets portfolio is "likely junk" -- suggesting at least some claims about carbon neutrality and emission reductions have been exaggerated according to the analysis. The fundamental failings leading to a "likely junk" ranking include whether emissions cuts would have happened anyway, as is often the case with large hydroelectric dams, or if the emissions were just shifted elsewhere, a common issue in forestry offset projects.

AI

US Slows Plans To Retire Coal-Fired Plants as Power Demand From AI Surges (ft.com) 107

The staggering electricity demand needed to power next-generation technology is forcing the US to rely on yesterday's fuel source: coal. From a report: Retirement dates for the country's ageing fleet of coal-fired power plants are being pushed back as concerns over grid reliability and expectations of soaring electricity demand force operators to keep capacity online. The shift in phasing out these facilities underscores a growing dilemma facing the Biden administration as the US race to lead in artificial intelligence and manufacturing drives an unprecedented growth in power demand that clashes with its decarbonisation targets. The International Energy Agency estimates the AI application ChatGPT uses nearly 10 times as much electricity as Google Search.

An estimated 54 gigawatts of US coal powered generation assets, about 4 per cent of the country's total electricity capacity, is expected to be retired by the end of the decade, a 40 per cent downward revision from last year, according to S&P Global Commodity Insights, citing reliability concerns. "You can't replace the fossil plants fast enough to meet the demand," said Joe Craft, chief executive of Alliance Resource Partners, one of the largest US coal producers. "In order to be a first mover on AI, we're going to need to embrace maintaining what we have." Operators slowing down retirements include Alliant Energy, which last week delayed plans to convert its Wisconsin coal-fired plant to gas from 2025 to 2028. Earlier this year, FirstEnergy announced it was scrapping its 2030 target to phase out coal, citing "resource adequacy concerns."
Further reading: Data Centers Could Use 9% of US Electricity By 2030, Research Institute Says.
AI

Very Few People Are Using 'Much Hyped' AI Products Like ChatGPT, Survey Finds (bbc.com) 275

A survey of 12,000 people in six countries -- Argentina, Denmark, France, Japan, the UK, and the USA -- found that very few people are regularly using AI products like ChatGPT. Unsurprisingly, the group bucking the trend are young people ages 18 to 24. The BBC reports: Dr Richard Fletcher, the report's lead author, told the BBC there was a "mismatch" between the "hype" around AI and the "public interest" in it. The study examined views on generative AI tools -- the new generation of products that can respond to simple text prompts with human-sounding answers as well as images, audio and video. "Large parts of the public are not particularly interested in generative AI, and 30% of people in the UK say they have not heard of any of the most prominent products, including ChatGPT," Dr Fletcher said.

This research attempted to gauge what the public thinks, finding:
- The majority expect generative AI to have a large impact on society in the next five years, particularly for news, media and science
- Most said they think generative AI will make their own lives better
- When asked whether generative AI will make society as a whole better or worse, people were generally more pessimistic
In more detail, the study found: - While there is widespread awareness of generative AI overall, a sizable minority of the public -- between 20% and 30% of the online population in the six countries surveyed -- have not heard of any of the most popular AI tools.
- In terms of use, ChatGPT is by far the most widely used generative AI tool in the six countries surveyed, two or three times more widespread than the next most widely used products, Google Gemini and Microsoft Copilot.
- Younger people are much more likely to use generative AI products on a regular basis. Averaging across all six countries, 56% of 18-24s say they have used ChatGPT at least once, compared to 16% of those aged 55 and over.
- Roughly equal proportions across six countries say that they have used generative AI for getting information (24%) as creating various kinds of media, including text but also audio, code, images, and video (28%).
- Just 5% across the six countries covered say that they have used generative AI to get the latest news.

Earth

Wind and Solar Saved the US $250 Billion Over 4 Years, Report Finds (arstechnica.com) 170

An anonymous reader quotes a report from Ars Technica: When used to generate power or move vehicles, fossil fuels kill people. Particulates and ozone resulting from fossil fuel burning cause direct health impacts, while climate change will act indirectly. Regardless of the immediacy, premature deaths and illness prior to death are felt through lost productivity and the cost of treatments. Typically, you see the financial impacts quantified when the EPA issues new regulations, as the health benefits of limiting pollution typically dwarf the costs of meeting new standards. But some researchers from Lawrence Berkeley National Lab have now done similar calculations -- but focusing on the impact of renewable energy. Wind and solar, by displacing fossil fuel use, are acting as a form of pollution control and so should produce similar economic benefits. Do they ever. The researchers find that, in the U.S., wind and solar have health and climate benefits of over $100 for every Megawatt-hour produced, for a total of a quarter-trillion dollars in just the last four years. This dwarfs the cost of the electricity they generate and the total of the subsidies they received. [...]

As a result, the environmental and health benefits of wind in 2022 are estimated as being $143 for each Mw-hr, with solar providing $100/Mw-hr in benefits. Given the amount of power generated by wind and solar that year, that works out to a total of $62 billion and $12 billion, respectively. For the entire 2019-2022 period, they total up to $250 billion. Due to the uncertainties in various estimates, the researchers estimate that the real value for wind is somewhere between $91 and $183 per Mw-hr, with solar having a proportionate uncertainty. For comparison, they note that the unsubsidized costs of the electricity produced by wind and solar range from $20 to $60 per Mw-hr, depending on where the facility is sited. So, in some ways, the companies that own these plants are only receiving a very small fraction of the benefits of their operation. Wind and solar do receive subsidies, but even the most generous ones provided by the Inflation Reduction Act max out below $35/Mw-hr -- again, far less than the health and environmental benefits. The researchers note that most of these benefits (about 75 percent) come from the reduction in carbon dioxide emissions. Still, the nitrogen and sulfur emissions reductions were also substantial: They displaced the equivalent of roughly 20 percent of the power sector's total emissions of these chemicals. That translates into avoiding about 1,400 premature deaths in 2022 alone.
The researchers acknowledge a number of limitations to their work. "One big one is that they don't include distributed solar at all, meaning their totals for that form of production are a significant underestimate," reports Ars, noting that the Energy Information Agency estimates that, in the U.S., distributed solar accounts for over 30 percent of total solar production. "It also, as mentioned, doesn't account for the use of storage such as batteries, which are increasingly used to offset the tail-off in solar production in the evenings."

"In addition, their work doesn't account for the intermittency of renewable power sources, which can sometimes result in the use of less efficient fossil fuel plants and so offset some of these benefits. The drop of wind and solar prices are also influencing decisions on what types of fossil fuel plants are getting built, disfavoring coal and increasing investments in natural gas plants that can respond quickly to changes in renewable output. Over the long term, this will result in additional benefits that can't be captured by this sort of short-term analysis."

The study has been published in the journal Cell Reports Sustainability.
China

Blacklisted Chinese Companies Rebrand as American To Dodge Crackdown (wsj.com) 46

American Lidar, a company registered in Michigan in December, is a subsidiary of China-based lidar maker Hesai Group, which the U.S. has labeled a security concern, WSJ reported Wednesday, citing policymakers and national-security experts. Chinese firms facing regulatory or reputational problems are rebranding and creating U.S.-domiciled businesses to sell their wares as the Biden administration expands the government entity lists that restrict Chinese companies' business dealings in the U.S., the report said.

These moves, while legal, irritate regulators who can't enforce laws when it isn't clear who is behind a company. Hesai became a target in the U.S.-China tech-trade war after allegations that its laser sensors could be used to collect sensitive American data, and was added to the Defense Department list that designates companies as Chinese military entities operating in the U.S. BGI Genomics and DJI are also facing similar challenges and are attempting to rebrand or license their technology to American startups to avoid sanctions.
United States

Health Officials Tried To Evade Public Records Laws, Lawmakers Say 184

House Republicans this week accused officials at the National Institutes of Health of orchestrating "a conspiracy at the highest levels" of the agency to hide public records related to the origins of the Covid pandemic. And the lawmakers promised to expand an investigation that has turned up emails in which senior health officials talked openly about trying to evade federal records laws. From a report: The latest accusations -- coming days before a House panel publicly questions Dr. Anthony S. Fauci, a former top N.I.H. official -- represent one front of an intensifying push by lawmakers to link American research groups and the country's premier medical research agency with the beginnings of the Covid pandemic.

That push has so far yielded no evidence that American scientists or health officials had anything to do with the coronavirus outbreak. But the House panel, the Select Subcommittee on the Coronavirus Pandemic, has released a series of private emails that suggest at least some N.I.H. officials deleted messages and tried to skirt public records laws in the face of scrutiny over the pandemic. Even those N.I.H. officials whose job it was to produce records under the Freedom of Information Act may have helped their colleagues avoid their obligations under that law, several emails suggest. The law, known as FOIA, gives people the right to obtain copies of federal records.
United States

Colorado Enacts Right-to-Repair Law for Electronics (coloradotimesrecorder.com) 62

Colorado Governor Jared Polis has signed the "Consumer Right to Repair Digital Electronic Equipment" bill into law. The legislation grants consumers the right to repair their own electronic devices, including cell phones, gaming systems, computers, and televisions. According to Polis, the bill will provide Coloradans with the necessary information to repair their own equipment or choose their preferred repair provider, potentially leading to lower prices and faster repairs through increased competition.

State Senator Jeff Bridges, the bill's prime sponsor, called for the federal government and other states to follow Colorado's lead, claiming that this bill is the strongest repair legislation in the country. Bridges emphasized that the law addresses issues such as "parts pairing" and repair restrictions that have prevented owners from fixing their devices in the past. The bill expands on Colorado's previous right-to-repair law for agricultural equipment, which Polis cited as a successful precedent for this new legislation.

Slashdot Top Deals