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This seems highly specific.

Prime Minister Rishi Sunak may be rolling back the United Kingdom’s plans to phase out the sale of gas-powered cars and space heaters, but England is forging ahead with sweeping bans on single-use plastic. Starting October 1, it will be illegal for businesses in England to distribute non-reusable plastic plates, bowls, or cutlery. Certain types of styrofoam cups and food containers are also banned. Also, inexplicably, balloon sticks.
WTF is a balloon stick? This is the question I had when I received a press release this morning from Business Waste UK, a commercial waste hauling company, which informed me that eight out of 10 party shops “can't get down with the idea” of banning plastic balloon sticks, according to its research. I am not a parent, and I haven’t been a balloon-impressed child for quite some time, so excuse me if I’m terribly out of the loop on this. But apparently many party retailers sell plastic rods that attach to the knot of a balloon, so the balloon looks like it’s floating even if it’s not filled with helium.
That actually sounds pretty clutch. I recently learned, while reporting on the potential discovery of a room temperature superconductor, that helium is a finite resource, and we’re running out of it. Liquid helium is essential to cooling down the very hot superconductors inside MRI machines, and doctors are worried about a global shortage. Not to be a party pooper, but it seems more criminal to be filling balloons with helium than levitating them on plastic sticks.
I mean, ideally we don’t do either, and that might be the direction the balloon industry is going in anyway, at least in the U.K. Helen Garrett, the owner of the party supply company Creative Decorations, wrote in a blog post in 2020 that she has changed all of her plastic balloon sticks to paper balloon holders. Business Waste UK cites the post as an example that “alternatives are already hitting the market,” meaning there’s no need for a ban.
What’s especially mysterious is that in May, a U.K. committee that assesses the quality of evidence and analysis used to inform government regulations, published a mixed report on the proposal to ban plastic balloon sticks. While the committee deemed the rule “fit for purpose,” it also questioned the underlying need to prohibit balloon sticks, writing that the government’s impact assessment “fails to make a clear case for what the precise problem to be addressed is in relation to plastic balloon sticks specifically.”
I couldn't find the impact assessment referenced online, but I did find this 2018 assessment commissioned by the U.K. government which concluded that “the case for banning plastic balloon sticks appears tenuous.” The report found that they are a comparably small volume product next to plastic plates or cutlery, and there’s little evidence they’re a significant source of litter.
The ban is part of a broader pledge by the U.K. government, made back in 2018, to “eliminate all avoidable plastic waste by 2042.” It’s not like balloon sticks are the first to go. Retailers have already been forced to charge customers for single-use plastic bags since 2015, a policy that has reportedly led to a 98% drop in use in England. The U.K has also cleansed many of its products of microbeads and banned plastic straws, stirrers, and plastic-stemmed cotton swabs. Apparently cotton swab sticks were one of the top 10 types of plastic found littered on beaches, but after the ban in 2020, they dropped lower on the list.
Plastic takes hundreds of years to break down, is harmful to species “across all levels of biology,” and is also a major source of greenhouse gas emissions. Balloon sticks certainly sound like an “avoidable” form of plastic waste, or at the very least, a dispensable one. But I do wonder why they’ve been singled out. I mean, what about those little plastic pull tabs that come on milk cartons? Or those plastic circles inside water bottle caps? Or, as Business Waste UK points out, what about the millions of crisp packets thrown away every day, “creating as many items of waste in 24 hours as balloon sticks do in 365 days.”
What about balloons themselves?
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The Federal Reserve raised the federal funds rate by a quarter point, the central bank announced Wednesday afternoon, its first rate change since Chairman Kevin Warsh took his seat in May and its first rate hike in over three years.
The federal funds rate will now sit between 3.75% and 4%. According to projections by regional Federal Reserve presidents and members of the Board of Governors, the central bank expects to hike rates one more time this year.
In its now characteristically brief statements, the Federal Open Market Committee said that the hike “will support a timelier return to the Committee's 2 percent goal” for inflation. Inflation is currently running at 3.4% and has been above the Fed’s 2% target since 2021.
The FOMC’s (brief) statement explaining the hike pointed to “resilient” domestic spending and “robust” capital investment. It characterized the economy as “expanding at a solid pace,” albeit with “elevated” uncertainty due to “geopolitical developments.”
This combination of factors — high oil prices due to the partial shutdown of the Strait of Hormuz and high investment in data centers — have helped push up yields on Treasury bonds, which helped maneuver the Federal Reserve into its rate hike. These rising Treasury yields have made raising capital more difficult for sectors besides artificial intelligence, very much including the capital-intensive renewable and clean energy industries.
Warsh attributed higher Treasury yields to “economic strength, competition for capital, and geopolitics,” in his press conference following the rate announcement. The yield on the 10-year treasury bond, often used as a benchmark for the cost of money throughout the economy, rose to over 5% on the news, the highest level since 2007.
The August Electricity Price Hub data is in.
It’s another hot and expensive summer.
Across the country, average household electricity bills are up 2.7% in the first eight months of the year, according to the latest update to Heatmap and MIT’s Electricity Price Hub, tacking on $4 per month to the typical bill. This level of rise is consistent with the pace set in 2024 and 2025, but faster than 2021 and 2023.
As we’ve discussed before, some of the fastest growth in prices comes either in the Atlantic Seaboard — with Washington, D.C., Virginia, and New Jersey all having year over year growth rates of at least 7.5% — thanks largely to increased demand and capacity payments in the PJM Interconnection marketplace. Another standout so far this year is Hawaii, which is uniquely dependent on imported oil to power its grid and has seen its 12-month trailing average prices rise by over 8% so far this year.
California, which is well known for seeing especially sharp price increases in recent years largely due to wildfire-related costs, has seen somewhat restrained bill growth so far this year across the state, with the 12-month-rolling average bill rising just 3% in the past 12 months and prices going up 4%. (That price level is still quite high, however, at almost 32 cents per kilowatt-hour, compared to a national average of around 19.)
Rates charged by Southern California Edison, one of the state’s big three investor-owned utilities, are up almost 15% in the past year, averaged across its baseline regions. The MIT researchers attribute this increase to two major factors: one, a decrease in the California Climate Credit, which is paid out to electricity customers from the state’s emissions cap-and-invest program. This year, the credit for Southern California Edison ratepayers is $72, applied to bills in July and August in tranches of $36. Last year, by contrast, Southern California Edison handed out $112 in two tranches, April and October.
The second factor in Southern California Edison’s inflated bills is an increase in the fixed charge portion of the bills ratepayers receive. Following changes in California state law designed to distribute the cost of the grid more equitably, SCE revamped its rate structure at the end of last year to include a “Base Services Charge” of $24 per month for customers not enrolled in any special rate program. At the same time, SCE instituted a roughly 10% decrease in its per-kilowatt-hour electricity rate in order to protect lower-income ratepayers (who would pay a fixed charge substantially lower than the baseline $24). PG&E moved to a similar system earlier this year.
When it introduced the new rates in November of last year, SCE said that “medium energy users” would likely see little change in their bills. Price Hub data suggests, however, that the typical household has seen a bill increase from the new service charge of 13%, even before accounting for the smaller climate credit.
Voltpost announced two new models today designed to mount on walls and ceilings.
Voltpost, the company putting electric vehicle chargers on lampposts, is now expanding to parking garages.
On Wednesday, the company unveiled two new configurations that can attach to the walls and ceilings of parking garages, lots, and other locations without easy access to streetlights or utility poles. Like Voltpost’s signature pole-mounted design, the ceiling- and wall-mounted options avoid the expensive construction work required by freestanding charging infrastructure. In theory at least, that should allow the company to deploy more chargers faster.
“Our mission has always been to decarbonize mobility by democratizing charging access,” Jeff Prosserman, Voltpost’s co-founder and CEO, told me. “And the real value proposition is that, when you can leverage the existing infrastructure, you can significantly reduce the cost, the timeline, and the physical footprint of chargers.”
The second Trump administration hasn’t made things easy. Almost immediately after taking office, Trump officials began slashing Biden-era programs designed to support the EV charging buildout, including the National Electric Vehicle Infrastructure and Charging and Fueling Infrastructure programs. Along with a handful of environmental groups, 17 states sued in May of last year to force the federal government to release NEVI funding and quickly received a preliminary injunction unfreezing the program. A similar group sued in December over the CFI funding, and though that case is still pending, Prosserman told me he expects to see a positive resolution before the end of the year.
Though the death of the EV tax credit has shrunk its addressable market, Voltpost has emerged relatively unscathed. “Honestly, that doesn’t really impact us at all,” Prosserman told Heatmap’s Katie Brigham last year. “At the end of the day, EV adoption will either increase X or Y percent in a given year, but it’s going to continue to increase year over year. We’re past the tipping point, going from early adopters into the mainstream.”
That said, he also told Katie that the company was taking a “more conservative approach” to growth as climate tech investment dried up. Voltpost itself also received several federal grants that are still in limbo. Instead, the company focused on its strategic partnerships with the likes of AT&T and Zipcar, and in July signed an agreement with InCharge Energy to handle installation and maintenance. To date, Voltpost’s funders include RWE Energy Transition Investments, a private equity vehicle within German energy giant RWE, alongside Twynam Funds Management, Exelon Foundation, Good News Ventures, and Climate Capital.
Like its lamppost chargers, Voltpost’s wall- and ceiling-mount kits work with Tesla and non-Tesla vehicles alike, and come with demand management software that responds to electricity time-of-use price signals to enable cheaper charging where and when possible. As for the cost of the kits and how many the company plans to install initially, Prosserman wouldn’t say.
Since deploying its first lamppost chargers in New York in 2024, Voltpost has expanded into California, Massachusetts, and Washington, D.C., among other states. It has more than 100 deployments in the pipeline through the end of this year, and is aiming for 10,000 by 2030. The point, Prosserman told me, is not to stand out in these communities, but rather to fit in.
“It’s not going to be just about greenfield project development if we’re going to decarbonize a planet across all aspects,” Prosserman said. “We’re really looking at building something that’s integrated, that fits in the fabric of the built environment and communities.”