💰 20% Fall in Thai Education Spend. +40% Global Wind Power Capacity. $80B Spent on Space Programs.
Chart of the Day #273 Looks at Thailand’s Education Spend, Global Wind Power Capacity, Expenditure on Space Programs.
Bonjour 🥐
Israel's Education Ministry announced a plan to integrate artificial intelligence (AI) into the country's education system. The 640 MW Yunlin offshore wind farm in Taiwan, has reached full operation with all 80 turbines installed and generating power.
Today's Topics
💰 Education Expenditure. 20% fall in Thailand’s education spend from 2015 to 2023
💨 Wind Energy. 40% rise in global wind power capacity
🚀 Space. $80B spent on space programs by the US
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💰 20% Fall in Thailand’s Education Spend From 2015 to 2023
Thailand's education expenditure peaked at 560B THB in 2015 but declined to 455B THB by 2022, with a slight recovery to 465B THB in 2023. This trend reflects budget adjustments amid economic challenges. The government aims to enhance educational quality through initiatives like Thailand 4.0, focusing on ICT integration and equitable access.
💨 40% Rise in Global Wind Power Capacity
Global wind power capacity surged from 24 GW in 2001 to over 1,021 GW in 2023, driven by initiatives like the EU’s REPowerEU Plan, the European Wind Power Action Plan, and the US Inflation Reduction Act. Policies supporting faster permitting, improved auction designs, and expanded financing have catalyzed growth. The COP28 commitment to triple global renewable energy capacity by 2030 underscores wind energy’s role in achieving net-zero emissions and combating climate change.
🚀 $80B Spent on Space Programs by the US
In 2024, the United States leads global space spending with nearly $80B, significantly surpassing China’s $19B and the European Space Agency’s $9B. This investment supports key initiatives like NASA's Artemis program, aimed at returning humans to the Moon by 2025, and advancing Mars exploration. The budget also emphasizes Earth observation, scientific research, and STEM education, reflecting the United States government's commitment to maintaining leadership in space exploration and national security.
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