After years of planning, China now dominates the world’s production of new generation batteries that are key to transitioning away from fossil fuels. These new batteries are essential for electric vehicles and most portable consumer electronics such as cell phones and laptops.  By 2040, energy analysts estimate over half of all passenger vehicles sold worldwide could be electric, according to 2019 report by Bloomberg New Energy Finance. They expect a similar percentage of light commercial vehicles in the U.S., Europe and China sales will be electric within that time, BNEF predicts. If current trends continue, most of them will likely use Chinese batteries, a key element for transitioning away from fossil fuels, and most of those batteries will be lithium ion, which are also popular for cellphones and laptops because of their high energy per unit mass relative to other electrical energy storage systems, according to the U.S. Department of Energy.“Looking at the global automotive industry chain, China, for the first time, has taken the lead …

Facebook Inc said it would block news publishers and people in Australia from sharing news on Facebook and Instagram if a proposal to force the U.S. tech giant to pay local media outlets for content becomes law. The Australian government said in July it would require tech giants Facebook and Alphabet Inc’s Google to pay for news provided by media companies under a royalty-style system that is scheduled to become law this year. “This is not our first choice – it is our last. But it is the only way to protect against an outcome that defies logic and will hurt, not help, the long-term vibrancy of Australia’s news and media sector,” Facebook Australia managing director Will Easton said in a statement published on Tuesday. Following an inquiry into the state of the media market and the power of the U.S. platforms, the Australian government late last year told Facebook and Google to …