Biden administration is investing $6 billion to reduce carbon emissions in manufacturing
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 25 March 2024
⏱️ 1 minutes
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Summary
The Energy Department says the largest-ever such investment will target heavily-polluting industries, such as steel and cement manufacturing; Boeing CEO to step down by end of year; New home sales dip 0.3 percent in February as existing home sales soar; EU launches new investigations of Meta, Apple, Google.
Transcript
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| 0:00.0 | The Energy Department is making the largest ever investment to reduce emissions in heavily |
| 0:06.4 | polluting industries. I'm Novasafo with a marketplace minute. The My administration is spending |
| 0:11.4 | $6 billion to reduce emissions in industries that have had trouble |
| 0:15.4 | decarbonizing, including steel, aluminum, and cement production. |
| 0:19.4 | The money will pay for demonstration projects to show off new emissions reduction methods. |
| 0:24.5 | A big management shake up at Boeing, which is reeling from safety lapses, CEO David Calhoun |
| 0:29.1 | will step down by the end of the year the head of the Playmakers Commercial Unit is leaving immediately. |
| 0:35.5 | New Home Sales in February dipped by 3 tenths percent month over month according to the Commerce |
| 0:39.5 | Department. Existing Home Sales which have a lower medium price rose sharply last month up 9.5%. |
| 0:47.0 | Regulators for the European Union are investigating Apple, Google, and Meta over compliance with the EU's Landmark Digital Markets Act, |
| 0:55.0 | it went into full force three weeks ago and aims to increase competition on so-called |
| 0:59.6 | Gatekeeper platforms. |
| 1:01.5 | I'm Novasafo with a marketplace minute. |
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