🎓 >20% of Polish Students in Business or Law. 2x Gas Displaced by EVs. 3x Rise in Drug Control Spend.
Chart of the Day #201 looks at University Programs, Electric Vehicles, and Drug Control.
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The EU rejected China’s proposal for a €30,000 minimum price on China-made EVs to avoid potential tariffs. Talks continue, with EU tariffs up to 45% possible by 31st October 2024. NATO plans to introduce a commercial space strategy in 2024 to leverage private sector advancements for enhanced resilience during conflicts.
Today's Topics
🎓 University Programs. >20% of Polish higher ed students follow business or law
🚗 Electric Vehicles. Over 2x rise in volume of gasoline displaced by EVs
💊 Drug Control. US drug control spend nearly tripled between 2008 and 2023
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🎓 >20% of Polish Higher Ed Students Follow Business or Law
Polish higher education saw shifts in enrollment, with Business, Administration, and Law rising to 277K students and Health and Welfare increasing to 163K between 2020 and 2022. However, Engineering and services declined, highlighting skill shortages in critical sectors. The engineering field faces a lack of qualified graduates, while the ICT sector grapples with a deficit of 40K to 50K workers, underscoring the need for better alignment between education and labor market demands.
🚗 Over 2x Rise in Volume of Gasoline Displaced by EVs
Gasoline displacement by light-duty electric vehicles (EVs) in the US rose, aligning with government sustainability goals. All-electric vehicles displaced nearly 500M gallons, up from 210M, while plug-in hybrids displaced over 200M gallons of gasoline between 2018 and 2021. Supporting the transition, the US targets 50% zero-emissions vehicle sales by 2030, backed by significant infrastructure investments and EV incentives.
💊 US Drug Control Spend Nearly Tripled Between 2008 and 2023
US spending on drug treatment and prevention rose sharply, with treatment costs increasing from nearly $7B to $22B and prevention from $1.8B to nearly $3B between 2008 and 2023. This escalation underscores efforts to counter substance abuse, particularly as the opioid crisis led to over 107K overdose deaths in 2021. By investing in both treatment and prevention, the US aims to mitigate the impacts of addiction on individuals and communities.
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