π° Wharton Led in Graduate Earnings. European Carbon Trade Down 21%. <55% Internet Accessibility.
Chart of the Day #174 looks at Graduate Earnings, Carbon Markets, and Internet Access.
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UK graduate salaries are lagging behind inflation, with medics most affected. A study shows 2020 graduates earn less than those in 2000, despite increases. EU member states have missed the deadline to implement the new Emissions Trading System (ETS2) for road transport and buildings. Only Austria complied in time, while others face infringement actions.
Today's Topics
π° Graduate Earnings. Wharton ranked first in graduate earnings net of debt
π± Carbon Markets. 21% drop in European carbon market trade volume in 2023
π Internet Access. India, Nigeria, and Kenya internet penetration rates <55%
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π° Wharton Ranked First in Graduate Earnings Net of Debt
In 2022, the top US business schools by median annual earnings net of debt payments for MBA graduates were led by Wharton at $165,600, followed by Dartmouth (Tuck) and MIT (Sloan). These figures underscore the strong economic value and demand for MBA graduates from these institutions, while also highlighting the need for a broader conversation on student debt relief amid rising costs.
π± 21% Drop in European Carbon Market Trade Volume in 2023
From 2019 to 2022, Europe led global carbon dioxide trade, peaking at 12,214 million tons in 2021 before dropping to 9,227 million tons in 2022. The UK's market grew to 512 million tons, while North America's rose to 2,680 million tons before a slight decrease. In contrast, China's trade fell to 85 million tons, reflecting potential instability. Active markets like Europe and North America drive emission reductions, supporting global climate goals.
π India, Nigeria, and Kenya Internet Penetration Rates <55%
As of January 2024, the highest internet penetration rates are found in countries like the Netherlands, Switzerland, and Norway, each at 99%. In contrast, countries with significantly lower penetration rates include India at 52.4%, Nigeria at 45.5%, and Kenya at 40.8%. These lower rates highlight the ongoing digital divide and the need for targeted efforts to improve internet access in these regions.
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