WARC (November 26)
Global advertising spend looks set to exceed “$1 trillion for the first time this year.” It is on course to grow 10.7% this year to a total of $1.08trn, with online media leading the charge – the strongest growth rate in six years and the largest absolute rise on record if the post-Covid recovery of 2021 (+27.9% year-on-year) is disregarded.”
Tags: $1 trillion, 10.7%, 2021, Advertising spend, First time, Global, Growth rate, Largest, Online media, Post-Covid, Record, Rise
LA Times (November 24)
“California is making so much solar energy that large commercial operators are increasingly forced to stop production, raising questions about the state’s costly plan to shift entirely to carbon-free sources of electricity.” Over the past year, “solar farms have curtailed production of more than 3 million megawatt hours of solar energy, either on the orders of the state’s grid operator or because prices had plummeted because of the glut.”
Tags: 3 million MWh, California, Carbon-free, Commercial operators, Electricity, Energy, Forced, Glut, Grid operator, Plummeted, Prices, Production, Solar farms
