Is Driving a Tesla Better for the Environment? It Depends...
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Is Driving a Tesla Better for the Environment? It Depends…

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Is Driving a Tesla Better for the Environment? It Depends...

Are Teslas and other electric vehicles perfect for the environment?

The answer is “no”, since nothing can be perfect. Electric vehicles are still a source of GHG emissions as a result of the manufacturing and raw material extraction processes. Further, and more importantly, lifetime emissions for electric vehicles also depend on the sources of fuel used to power the local grid.

So Is Driving a Tesla Better for the Environment?

Today’s infographic, which looks at the well-to-wheels impact of electric and gas vehicles, was created in association with Delbrook Capital, a financial services company that has launched the CO2 Master Solutions Fund.

Together we explore the latest data on the lifetime emissions of gasoline and electric vehicles, and how they compare depending on the state you live in:

Is driving a Tesla better for the environment than using a comparably sized gas-powered vehicle? In the majority of places, the answer is “yes”.

However, the true environmental impact depends greatly on the specific power sources that the local grid uses to generate electricity.

The Power Mix

According to a study done by the Union of Concerned Scientists, the average new gasoline vehicle generates the equivalent of 29 MPG of emissions over its lifetime. The study found that the average electric vehicle has emission equivalents in a range between 35 MPG to 135 MPG depending on the local power grid of the state it is driven in.

Electric cars driven in the Pacific Northwest states, as an example, have the emissions of an equivalent 94 MPG gas-powered car. This is miles better than a new Honda Fit (36 MPG) or even hybrids such as the Prius (50 MPG) or Honda Accord hybrid (47 MPG). This is because 52% of all power in the region comes from hydro.

In Colorado, about 70% of all electricity is coal-fired. This means that the electric car has the equivalent emissions of a gas-powered Honda Fit with 35 MPG. In Florida, natural gas has replaced coal usage, and now accounts for two-thirds of all electricity generated. Powering an EV on Florida’s grid for an estimated 51 MPG equivalent is better than driving a hybrid such as a Prius (50 MPG) or a Honda Accord Hybrid (47 MPG).

The Future of Emissions

Today, the study by the Union of Concerned Scientists concludes that 66% of Americans definitely would generate less emissions by driving electric vehicles based on the compositions of their local power grids.

In the very near future, plugging in will be better in 100% of places in America. Here’s why:

  • Battery technology will continue to get better. More efficiency means lighter and better cars.
  • Coal is falling. It’s gone from 44% of all U.S. power generation in 2009 to 33% in 2015. It’s forecasted to fall to 22% by 2020.
  • Many states also have committed to specific targets for green energy as a portion of their energy mix. More renewables for the grid means less emissions.

For investors, these changes will create many opportunities for investors.

As the electric car era is ushered in, some experts are predicting that entire power grids will need to be re-wired to accommodate. Automobile dealer networks will be profoundly affected.

Car part manufacturers will also have to adapt. How many pieces are in a typical gas-powered vehicle? According to energy expert Gianni Kovacevic there are about 100.

Parts in a gas-powered car

In an electric vehicle, which only needs about 20 components, many of these parts such as pistons and spark plugs will become antiquated.

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Energy

The Top 10 Biggest Companies in Brazil

What drives some of the world’s emerging economies? From natural resources to giant banks, here are the top 10 biggest companies in Brazil.

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The Top 10 Biggest Companies in Brazil Oct 10 Share

The Top 10 Biggest Companies in Brazil

In 2009, the at-the-time emerging economies of Brazil, Russia, India, and China held their first formal summits as members of BRIC (with South Africa joining in 2010).

Together, BRICS represents 26.7% of the world’s land surface and 41.5% of its population. By GDP ranking, they’re also some of the most powerful economies in the world.

But what drives their economies? We’re highlighting the top 10 biggest companies in each country, starting with Brazil.

What Are the Biggest Public Companies in Brazil?

Brazil isn’t just one of the largest and most diverse countries in the world, it is also an economic powerhouse.

With over 213 million people, Brazil is the sixth most populous country on Earth and the largest in Latin America. It’s also the wealthiest on the continent, with the world’s 12th-largest economy.

Once a colony focused on sugar and gold, Brazil rapidly industrialized in the 20th century. Today, it is a top 10 exporter of industrial steel, with the country’s economic strength coming chiefly from natural resources and financials.

Here are Brazil’s biggest public companies by market capitalization in October 2021:

Top 10 Companies (October 2021)CategoryMarket Cap (USD)
ValeMetals and Mining$73.03B
Petróleo BrasileiroOil and Gas$69.84B
AmbevDrinks$43.87B
Itaú UnibancoFinancial$41.65B
Banco BradescoFinancial$34.16B
WEGIndustrial Engineering$29.43B
BTG PactualFinancial$25.01B
Banco Santander BrasilFinancial$24.70B
Rede D’Or Sao LuizHospital$23.79B
XP Inc.Financial$22.45B

At the top of the ranking is Vale, a metals and mining giant that is the world’s largest producer of iron ore and nickel. Also the operator of infrastructure including hydroelectricity plants, railroads, and ports, It consistently ranks as the most valuable company in Latin America.

Vale and second-ranking company Petróleo Brasileiro, Brazil’s largest oil producer, were former state-owned corporations that became privatized in the 1990s.

Finance in Brazil’s Top 10 Biggest Companies

Other than former monopolies, the top 10 biggest companies in Brazil highlight the power of the banking sector.

Five of the 10 companies with a market cap above $20 billion are in the financial industry.

They include Itaú Unibanco, the largest bank in the Southern Hemisphere, and Banco Santander Brasil, the Brazilian subsidiary of Spanish finance corp.

Another well-known subsidiary is brewing company Ambev, which produces the majority of the country’s liquors and also bottles and distributes PepsiCo products in much of Latin America. Ambev is an important piece of Belgian drink juggernaut Anheuser-Busch InBev, which is one of the world’s largest 100 companies.

Noticeably missing from the top 10 list are companies in the agriculture sector, as Brazil is the world’s largest exporter of coffee, soybeans, beef, and ethanol. Many multinational corporations have Brazilian subsidiaries or partners for supply chain access, which has recently put a spotlight on Amazon deforestation.

What other companies or industries do you associate with Brazil?

Correction: Two companies listed had errors in their market cap calculations and have been updated. All data is as of October 11, 2021.

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Which Countries Have the Most Nuclear Weapons?

How big is the world’s nuclear arsenal? Here are the stockpiles of the nine countries with nuclear weapons.

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Visualizing Countries with the Most Nuclear Weapons 1200

Which Countries Have the Most Nuclear Weapons?

In theory, nuclear weapon stockpiles are closely held national secrets. The leading countries have rough estimates that aren’t regularly updated, newly nuclear countries keep their capabilities vague and unclear, and Israel has never officially confirmed a nuclear weapons program.

But thanks to limited disclosures, records, and leaks, we can visualize the full extent* of the world’s nuclear arsenal. This graphic uses estimated nuclear warhead inventories from the Federation of American Scientists as of August 2021.

Based on these estimates, there are just nine countries with nuclear weapons in the world.

Editor’s note: Exact numbers of nuclear warheads possessed by countries are closely guarded state secrets, with the FAS estimate being the closest, most-used, and most-trusted international approximation available.

Nuclear Weapons, by Country

The nuclear arms race has always centered around the U.S. and Russia.

After the end of World War II and well into the Cold War, the world’s two superpowers raced to build more nuclear weapons (and more capable nuclear weapons) than the other.

Even while international organizations lobbied for the end of nuclear proliferation, the world’s nuclear weapon stockpile grew to a peak of 70,300 total warheads in 1986.

As arms agreements and non-proliferation treaties started to gain greater momentum, the U.S. and Russia cut back on stockpiles while new countries with nuclear weapons started to pop up.

CountryTotal Warheads (2021)% of Total
🇷🇺 Russia6,25747.7%
🇺🇸 U.S.5,55042.3%
🇨🇳 China3502.67%
🇫🇷 France2902.21%
🇬🇧 UK2251.71%
🇵🇰 Pakistan1651.26%
🇮🇳 India1601.22%
🇮🇱 Israel900.69%
🇰🇵 North Korea450.34%

Despite reducing their stockpiles significantly since the end of the Cold War, Russia and the U.S. still own around 90% of all nuclear warheads in the world.

Far behind them are China and France, which started testing nuclear weapons in 1964 and 1960 respectively. The UK has the fifth-most nuclear weapons today, though it was the third country in the world to develop them after the U.S. and Russia in 1952.

The countries with fewer than 200 nuclear weapons are regional rivals India and Pakistan, which first tested nuclear weapons in the 1970s, and North Korea, which began to operate uranium fabrication plants and conduct explosive tests in the 1980s.

Israel is also estimated to have fewer than 200 nuclear weapons, and reports have its weapons program dating back to the 1960s. However, the country has never confirmed or announced its nuclear capabilities.

Countries With Nuclear Weapons, by Warhead Status

Though the world has 13,132 nuclear weapons, that doesn’t mean they’re all ready to fire.

Weapons (or “warheads”) are delivered by missile, and countries don’t keep all of their nuclear warheads primed for use. The estimation of nuclear stockpiles also clarifies whether warheads are considered deployed, reserved, or retired:

  • Deployed warheads are deployed on intercontinental missiles, at heavy bomber bases, and on bases with operational short-range delivery systems.
  • Reserve warheads are in storage and not deployed on launchers.
  • Retired warheads are still intact but in queue for dismantlement.
CountryDeployed WarheadsReserve WarheadsRetired Warheads
🇷🇺 Russia1,6002,8971,760
🇺🇸 U.S.1,8002,0001,750
🇨🇳 China03500
🇫🇷 France280100
🇬🇧 UK1201050
🇵🇰 Pakistan01650
🇮🇳 India01600
🇮🇱 Israel0900
🇰🇵 North Korea0450

Only four countries have officially deployed warheads, while the majority of the world’s nuclear stockpile is in reserve. This is partially due to estimates ranging from relatively transparent in the case of the U.S. to opaque and uncertain for countries like China and North Korea.

But some countries are expected to further bolster their stockpiles. The UK government announced it would increase its stockpile to no more than 260 warheads, and U.S. intelligence expects China, India, and Pakistan to increase their stockpiles.

Though the world’s nuclear stockpile will likely continue dwindling on account of U.S. and Russia retirements, the 2021 landscape of countries with nuclear weapons shows that proliferation is still underway.

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