The Star Bulletin - Daily News Updates

University of California Berkeley.

California’s attempt to finance electric vehicles was a disaster

California’s attempt to finance electric vehicles was a disaster

California's attempt to finance electric vehicles was a disaster -    In June, a measure to tax California's wealthiest citizens to fund wildfire fighting and electric vehicles was on the state ballot. It seemed clear that it was a winner at first. It was supported by hundreds of environmental and health organizations, unions, firefighters, elected officials, and other public and private sector leaders. It was supported by the American Lung Association, Union of Concerned Scientists and the California Democratic Party, with 63 per cent of voters saying that they would vote for the measure in November. California would be the…
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There is a reason why the U.S. Economy Is Still Unprepared to Let Go of the Ghost

There is a reason why the U.S. Economy Is Still Unprepared to Let Go of the Ghost

The U.S economy has proven robust throughout the coronavirus outbreak after overcoming the worst quarter-to-quarter contraction in the history of the country, but at one point it seemed to some as if it was about to given up. Two quarter-long contractions in the gross domestic product during the first quarter of the year caused some experienced analysts (and some politicians) to declare that the recession had already begun. But put down the sympathy cards. On Thursday the government is scheduled to release that the economy grew in the third quarter of 2018, possibly by up to 3.3%. This is a…
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