📚 K12-Ed Satisfaction. Emissions. Japan Inflation.

Chart of the Day #8

For over 5 years, HolonIQ has been visualizing the global impact economy. Now, with more than 1 million charts on Climate Tech, Education, Healthcare, and the Global Economy, we're kicking off 2024 with a new daily newsletter for data-driven, global leaders who want to understand trends in strategic industries.

Today's Topics

  • 📚 K12 Education Quality. Only 36% satisfaction in US K12 Education.
  • ☀️ Emission Reductions. Solar + EVs to Cut 35% Emissions by 2030.
  • 🎢 Volatile Inflation. Japan's Inflation Roller Coaster.

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📚 Only 36% satisfaction in US K12 Education

A nationwide survey revealed that only 36% of Americans express satisfaction with K-12 education quality in 2023, marking a record low since 2000. On the other hand, 63% of respondents are dissatisfied, emphasizing deep concerns about the current state of education. This is not something new; despite occasional fluctuations, dissatisfaction levels have consistently outpaced satisfaction rates over the past decade. This downward trajectory signals deep-seated concerns within the public regarding the state of education.

Source: GALLUP

☀️ Solar + EVs to Cut 35% Emissions by 2030

The chart showcases the impact of carbon dioxide emissions reductions in the Net Zero Scenario from 2022 to 2050. Solar Photovoltaics (PVs) also known as solar cells, and electric vehicles (EVs) emerge as game-changers, spearheading a transformative shift. By 2030, one-third of emissions reductions are projected to be attributed to the widespread adoption of Solar PV and EVs, illustrating the pivotal role these technologies play in steering the world toward a sustainable future. Wind power and solar PV contribute 25%, with electrification accounting for an additional 20%.

Source: IEA

🎢 Japan's Inflation Roller Coaster

Fluctuating inflation, and lingering interest rates have been the norm for Japan. After enduring prolonged periods of deflation, Japan now faces the challenge of rising prices, with inflation reaching 3% in recent months. While this exceeds the Bank of Japan's long-run target of 2%, historical data reveals fluctuating patterns, with peaks of 3% and troughs of -1%.

Japan's interest rates have remained at -0.1% for the past decade, which has been driven by many economic factors. The Bank of Japan is monitoring this situation closely, in the hopes of inflation stabilizing at 2%, following a prolonged period of economic stagnation.

So, will Japan's inflation roller coaster finally come to an end with a smooth landing at the 2% target? Only time will tell. But for now, the country's economic future is hanging in the balance.

Source: HolonIQ

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