efficient

Say Goodbye to Toilet Paper: Its Replacement Has Come, and It’s More Efficient and Eco-Friendly

Toilet paper, a fixture in bathrooms for generations, is steadily being replaced by a more effective and sustainable alternative. In Japan, washlet toilets—equipped with built-in bidet systems—have become commonplace. Now, these high-tech fixtures are gaining traction worldwide, driven by mounting concerns about environmental impact and personal well-being. According to the Natural Resources Defense Council (NRDC), …

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France switching to nuclear power was the fastest and most efficient way to fight climate change.

Related pic.twitter.com/Y12wOrXqsX — Michael A. Arouet (@MichaelAArouet) July 4, 2024 31% if German electricity generation used to come from nuclear, today about 25% come from coal instead. It’s really difficult to find another policy more disastrous for environment than German „green“ approach. pic.twitter.com/TCpArIouns — Michael A. Arouet (@MichaelAArouet) July 4, 2024

The Norwegian Illusion: EVs Are Not More Energy Efficient

via Mike Shedlock: Goehring & Rozencwajg  put together a fantastic article on the illusion that EVs are more energy efficient. This is a guest post by Goehring & Rozencwajg. The Norwegian Illusion – Guest Post Starting mid-point last decade, the investment community became convinced EV adoption would quickly surge.  EV penetrations would become so great that global …

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S&P Global Market Intelligence: UBS is least efficient bank in Europe in Q3 2023. A hefty $785 million loss paired with a 91% surge in operating expenses due to Credit Suisse. Those Credit Suisse bags are HEAVY!

by Dismal-Jellyfish Source: https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/ubs-is-least-efficient-bank-in-europe-in-q3-2023-79149692 The Swiss bank recorded a third-quarter cost-to-income ratio of 99.56%, representing a 10.61-percentage-point increase from the previous quarter. UBS posted a third-quarter net loss attributable to shareholders of $785 million, compared to a $1.73 billion profit booked a year ago. Operating expenses surged 91% to $11.64 billion due to the ongoing integration …

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CEO fires 90% of support staff and replaces them with AI chatbot saying it was ‘tough but necessary’ and results are more efficient

Suumit Shah, founder and CEO of Bangalore-based e-commerce company Dukaan, said that the bot, which was built by one of the firm’s data scientists, could respond to initial queries instantly, compared to staff taking an average of one minute and 44 seconds. Shah, who founded the company in 2020, said the layoffs were ‘tough’ but …

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