🏫 10% Decline in Norway Preschools. The Netherlands' Clean Energy. Semiconductor Spending Up 4x.
Chart of the Day #252 looks at preschools in Norway, the Netherlands' clean energy, and semiconductor spending.
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Germany and Britain achieved record renewable electricity production in 2024, with renewables making up 59% of Germany's output and 45% in Britain, according to new data.
Today's Topics
🏫 Preschools. Norway’s preschools declined 10% between 2014 and 2022
🍃 Clean Energy. Netherlands clean energy lagged fossil fuels by 2.07%
🏿 Semiconductors. Semiconductor spending rose 4X between 2008 and 2022
🏫 Norway's Preschools Declined 10% Between 2014 and 2022
Norway's preschool institutions decreased by 10% from 2014 to 2022 due to population decline, urbanization, and a falling birth rate. Smaller towns and rural areas faced closures as demand dropped, while urban centers consolidated resources. This reflects broader demographic shifts impacting early education needs.
🍃 Netherlands Clean Energy Lagged Fossil Fuels by 2.07%
In the Netherlands, clean energy capacity was 2.07% lower than fossil fuels. Despite significant investments in wind and solar power, natural gas remains dominant due to its established infrastructure and role in balancing intermittent renewable sources. Efforts continue to close the gap and transition to greener energy.
🏿 Semiconductor Spending Rose 4x Between 2008 and 2022
Global semiconductor spending quadrupled from 2008 to 2022, driven by increasing demand for advanced chips in consumer electronics, automotive, AI, and 5G technologies. Innovations in production, rising chip prices, and the shift toward digital transformation fueled growth. Geopolitical shifts and supply chain challenges further highlighted the critical role of semiconductors in modern economies.
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