Solar Leader China Is Slashing Its Subsidies On Solar Power -- What You Need To Know
This move is likely to effectively slash demand in the world’s largest solar market by about 40%. Worldwide demand is anticipated to shrink by double-digits , as the U.S., India and Japan, which made up roughly 30% of the market in 2017, are not expected to staunch the bleeding.
Changes to California's Clean Air Vehicle decal program are raising the ire of early adopters. The decals let LEV and ZEV drivers travel solo in commuter lanes. More than 200,000 drivers will lose the privilege January 1.
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Demand for healthier ingredients has spread beyond the dinner plate. Interest in cosmetics and skincare products claiming to be “clean” and “natural” has grown in the past two years, with no regulation around either term. “Natural” personal care and beauty products generated more than $1.5 billion in U.S. sales in 2017, according to Nielsen. And the trend isn’t slowing down. A new report from Grand View Research predicts that the global organic personal care industry will reach nearly $25 billion by 2025.
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Fed Chair Jerome Powell faces a challenge: despite a U.S. unemployment rate close to multi-decade lows, nominal wage improvements have lagged. To continue to hike rates into next year, Powell needs to figure out what’s containing wages, and whether that will limit economy growth.