conner + amazon   45

Unraveling the Secret Origins of an AmazonBasics Battery
"Using the MIT study’s data, Turner co-authored a 2015 paper published in the Journal of Industrial Ecology, estimating that “it takes more than 100 times the energy to manufacture an alkaline battery than is available during its use phase.” And when the entirety of a battery’s emissions are added up — including sourcing, production, and shipping — its greenhouse gas emissions are 30 times that of the average coal-fired power plant, per watt."
economics  capitalism  amazon  batteries  pollution  environment  anthropocene 
october 2019 by conner
Not just Amazon: 60 big companies paid $0 under Trump tax law
In 2017, the effective corporate tax rate was 13.6%. In 2018, corporations paid just 7% of their profits as federal taxes, according to data provided to Yahoo Finance by research firm Oxford Economics.

That’s the lowest effective tax rate since at least 1947.
taxes  amazon  business  corruption  government  GOP  policy  ugh 
october 2019 by conner
In Bolsonaro’s Brazil, a Showdown Over Amazon Rainforest
In the last half-century, about one-fifth of this forest, or some 300,000 square miles, has been cut and burned in Brazil, whose borders contain almost two-thirds of the Amazon basin. This is an area larger than Texas, the U.S. state that Brazil’s denuded lands most resemble, with their post-forest landscapes of silent sunbaked pasture, bean fields, and evangelical churches. This epochal deforestation — matched by harder to quantify but similar levels of forest degradation and fragmentation — has caused measurable disruptions to regional climates and rainfall. It has set loose so much stored carbon that it has negated the forest’s benefit as a carbon sink, the world’s largest after the oceans. Scientists warn that losing another fifth of Brazil’s rainforest will trigger the feedback loop known as dieback, in which the forest begins to dry out and burn in a cascading system collapse, beyond the reach of any subsequent human intervention or regret. This would release a doomsday bomb of stored carbon, disappear the cloud vapor that consumes the sun’s radiation before it can be absorbed as heat, and shrivel the rivers in the basin and in the sky.
amazon  rainforest  longread  climatechange  climate  agriculture  capitalism  policy  ugh  anthropocene 
august 2019 by conner
How Big Is Amazon? - The Atlantic
"According to its latest annual report, Amazon now has 288 million square feet of warehouses, offices, retail stores, and data centers. In 2017—the biggest growth year for the company’s properties—alone, it added more square feet of building (74.6 million) than the company had total in 2012 (73.1 million), when it was already the largest online retailer in the world. Amazon has added more building space from 2016 to 2018 than it did in all the rest of its history. Go back a little further in time, and the growth is even more astounding: Amazon has 48 times the square footage it did in 2004"

"Everything that the company did up to that point has been dwarfed by its new growth. For example, Amazon had almost $100 billion more revenue in 2018 ($233 billion) than it did in 2016 ($136 billion). The big tech companies—Microsoft, Google, Facebook, Apple, and Amazon—have become so large that even relatively modest percentage growth in any of their businesses would translate into enormous absolute change in the world."
amazon  capitalism  business  america 
february 2019 by conner
Amazon’s HQ2 Spectacle Should Be Illegal - The Atlantic
"Second, companies don’t always hold up their end of the deal. Consider the saga of Wisconsin and the Chinese manufacturing giant Foxconn. Several years ago, Wisconsin Governor Scott Walker lured Foxconn with a subsidy plan totaling more than $3 billion. (For the same amount, you could give every household in Wisconsin about $1,700.) Foxconn said it would build a large manufacturing plant that would create about 13,000 jobs near Racine. Now it seems the company is building a much smaller factory with just one quarter of its initial promised investment, and much of the assembly work may be done by robots. Meanwhile, the expected value of Wisconsin’s subsidy has grown to more than $4 billion. Thus a state with declining wages for many public-school teachers could wind up paying more than $500,000 per net new Foxconn job—about 10 times the average salary of a Wisconsin teacher."
amazon  capitalism  corruption  taxes  policy  government  GOP  economics  business 
november 2018 by conner
Amazon Is Thriving Thanks to Taxpayer Dollars | New Republic
"This reflects a perverse form of double-dipping: Amazon gets a bounty to create jobs in Ohio, and then a good chunk of the jobs are so low-paying that workers have to seek federal assistance, providing a second subsidy for the e-commerce giant."

"Amazon CEO Jeff Bezos has a net worth of about $100 billion. Take that down to $99.5 billion and nobody working at any Amazon facility in America would need assistance to eat. "
amazon  capitalism  government  policy  business  economics  ugh 
january 2018 by conner

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