u/Crabbexx

Has the United States Bent the Health Care Cost Curve?

Has the United States Bent the Health Care Cost Curve?

>“The growth of health care spending in the United States seems to have permanently slowed thanks in part to technological advances making medical treatments cheaper and more effective, according to a paper discussed at the Brookings Papers on Economic Activity (BPEA) conference on March 27.

>The United States spent more than $5 trillion on medical care in 2024, or 18% of its gross domestic product (GDP). That’s up a bit from 17.2% of GDP in 2010, but far below the 21.2% share of GDP—nearly $1 trillion less—forecast by government actuaries in 2010.”

>From Brookings.

humanprogress.org
u/Crabbexx — 17 hours ago
Scientists achieve ‘impossible’ solar efficiency in renewables breakthrough
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Scientists achieve ‘impossible’ solar efficiency in renewables breakthrough

>Researchers in Japan have developed a new material that allows solar cells to generate an amount of energy from sunlight that was previously thought impossible.

>The discovery, made by a team at Kyushu University, involves a special “spin-flip” emitter that can harvest energy from the Sun that is typically lost as heat.

>The breakthrough overcomes the long-standing limit of conventional solar cells to achieve an energy conversion efficiency of 130 per cent – opening up new possibilities for ultra-efficient solar panels.

>With conventional solar cells, a single particle of light called a photon can generate one energy carrier, known as an exciton.

>Until now, solar cell technology has only been able to harvest energy from about one-third of the available sunlight due to higher-energy photons, like blue light, being lost as heat.

>The researchers used a process called singlet fission to split the excitons from the higher-energy photons into two lower-energy excitons – theoretically doubling the energy.

>“We have two main strategies to break through this limit,” said Yoichi Sasaki, Associate Professor at Kyushu University’s Faculty of Engineering.

>“One is to convert lower-energy infrared photons into higher energy visible photons. The other is to use singlet fission to generate two excitons from a single exciton photon.”

>The research was published in the Journal of the American Chemical Society, in a study titled ‘Exploring spin-state selective harvesting pathways from singlet fission dimers to a near-infrared-enissive spin-flip emitter’.

>The discovery is the latest in a string of recent breakthroughs with solar technology, making the renewable energy sector increasingly efficient and cost effective.

>Earlier this month, a team in Switzerland set a new efficiency record for a new type of solar cell using the ‘miracle material’ perovskite.

>By combining it with silicon, the researchers were able to achieve efficiency levels that rival satellite-grade solar panels at a fraction of the cost.

yahoo.com
u/Crabbexx — 3 days ago