Alerts go out that Lake Powell may stop producing energy by 2023 with water levels declining
- Two of the major reservoirs such as Lake Mead and Lake Powell are experiencing a large decrease in water levels and many fear that they may stop producing energy soon
- According to the Bureau of Land Management, it believes that there is a 3% chance that the water level of Lake Powell will fall below the minimum required for hydroelectricity generation at Glen Canyon Dam
- By 2023, the chance of the water level dropping increases to 34%
CEO of Southwest Airlines claims carrier will shut down flights in 2022 if staffing fails
- Throughout next year in 2022, Southwest Airlines will be in the process of adding about 10,000 workers
- Bob Jordan, the CEO of Southwest Airlines says that the airline is currently, near halfway to its goal of reaching 5,000 hires
Worldwide chip shortage is expected to cost the auto industry $210 billion in revenue this year
- According to AlixPartners, a consulting firm, they estimate that the semiconductor shortage will cost the whole auto industry $210 billion in revenue this year
- The firm also estimated that 7.7 million units of production will be lost for this year which is a large jump from their previous forecast in May at 3.9 million units
