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Politics

Treasury says tax hole to balloon to $7 trillion, requires beefed-up IRS

The Internal Revenue Service building in Washington.

SAUL LOEB / AFP via Getty Images

The Treasury Department estimates that the difference between Americans’ tax bill and actual payment will grow to $ 7 trillion over the next decade.

In prepared remarks, Deputy Secretary of State Mark Mazur told Congress on Thursday that the so-called tax gap would only worsen over the next few years without further funding from lawmakers.

He added that the gross tax gap estimate for 2019 alone is around $ 580 billion.

“Over the next ten years, the gross tax gap is expected to be around $ 7 trillion, about 15 percent of all taxes owed,” Mazur told House legislators.

“A larger tax gap leads to the following results: higher tax rates elsewhere in the system, lower revenues to fund the country’s budget priorities, or higher budget deficits and higher national debt,” he added. “Widespread and persistent violations also undermine confidence in the fairness of our tax system.”

Mazur attributed the persistent and growing tax gap to insufficient funding for the Internal Revenue Service. The IRS budget has been cut by 20% over the past 10 years, resulting in a number of layoffs and a significant drop in audit rates.

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The tax collector said earlier this year that budget cuts had forced him to cut 33,378 full-time positions between fiscal 2010 and 2020, including a significant number of taxpayer service and law enforcement staff.

The IRS has repeatedly warned that the layoffs undermine its ability to begin and conduct audits that would help fill the tax loophole. While the number of millionaires has nearly doubled since 2012, tax audits fell 72% from 40,965 in 2012 to 11,331 in 2020.

Mazur recommended that lawmakers endorse provisions in the Biden government’s 2022 budget that would help top up the service.

The White House is currently proposing a sustained, multi-year funding stream of nearly $ 80 billion over the next decade, which the Treasury Department said would allow it to put staff on hold. President Joe Biden has also suggested means to update IRS technology and improve information reporting on third-party reports.

The Treasury Department’s Office of Tax Analysis estimates these compliance initiatives would generate approximately $ 700 billion in additional tax revenue over the next decade.

Mazur’s remarks came a day after five former Treasury Ministers – Lawrence Summers, Robert Rubin, Henry Paulson, Jacob Lew, and Timothy Geithner – called on lawmakers in a New York Times comment to allocate much of the Biden administration’s budget to the tax collector authorize.

“We are convinced that better information reporting requirements can be designed that enable a significant increase in revenue collection without burdening taxpayers at all and not significantly increasing the regulatory burden on the entire economy,” wrote the former secretaries.

“Sensible people cannot agree on the extent of certain tax rate increases,” added the quintet. “But on this issue, everyone, including Congressmen from both parties, should agree that if the IRS is given the tools it needs to improve compliance, it will generate significant revenue and create a fairer, more efficient system of tax administration.”

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Health

CDC says coronary heart irritation in 16- to 24-year-olds increased than anticipated after second shot

A young man in West Virginia receives the vaccine while overlooking the West Virginia Capitol Building at Riggleman Hall.

Stephen Zenner | LightRakete | Getty Images

There have been a higher than expected number of cases of heart inflammation in 16- to 24-year-olds after receiving their second dose of Covid-19 vaccine from Pfizer or Moderna, the Centers for Disease Control and Prevention shared on Thursday Relying on preliminary data from its vaccine safety monitoring system.

The CDC has received reports of 275 cases in this age group as of May 31, the agency said in a presentation prepared for a meeting of the Food and Drug Administration advisory panel on Thursday. Scientists expected between 10 and 102 cases of myocarditis, or pericarditis – in which the heart muscle or the lining of the heart becomes inflamed, according to the CDC.

“We clearly have an imbalance,” said Dr. Tom Shimabukuro of the CDC’s Immunization Safety Office on Thursday on the FDA Advisory Committee on Vaccines and Related Biological Products to discuss safety issues related to the use of Covid-19 vaccines in children 6 months and older.

Although rare, a total of 475 cases of myocarditis or pericarditis have been reported in people aged 30 years and younger, according to the CDC. Most of the patients hospitalized, or 81% of them, had fully recovered from their symptoms, the agency said. May there are still 15 people in the hospital, three of them in the intensive care unit.

The majority of cases appear to occur in men, and the median time to onset of symptoms is two to three days, according to the CDC.

Some of the reported cases could be something other than myocarditis or pericarditis upon further investigation, Shimabukuro said.

The CDC’s Vaccine Safety Group announced last month that it is examining heart infections in “relatively few” people who have received Covid vaccinations.

The cases mostly affected adolescents and young adults and usually occurred within four days of the vaccination, the CDC said at the time. The condition has been seen more often in men and most cases appear to be mild, the agency said, although officials are following up on patients.

The CDC is coordinating its investigation with the FDA, which last month approved the Pfizer BioNTech vaccine for adolescents ages 12-15.

“We still don’t know if this is really related to the vaccine,” said Dr. Peter Marks, director of the FDA’s Center for Biologics Evaluation and Research, during a virtual question-and-answer event on May 27th. He added that the “handful” of reported cases were “very mild, lasting a day or two,” and usually occurred after a second dose.

Health experts say finding rare side effects once a vaccine or drug is administered to the general population, and if myocarditis is found to be related to the Covid vaccine, the risk is negligible compared to the risks of infection with Covid-19.

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Health

Moderna Apples for Authorization of Its Covid Vaccine for Adolescents

Moderna applied to the Food and Drug Administration on Thursday for emergency clearance to use its coronavirus vaccine in 12-17 year olds. If approved as expected, the vaccine would offer a second option to protect teenagers from the coronavirus and speed the return to normal for middle and high school students.

The company has already applied for approval from Health Canada and the European Medicines Agency and plans to apply for approval in other countries, CEO Stéphane Bancel said in a statement. FDA approval usually takes three to four weeks.

Last month, the FDA expanded the emergency approval of Pfizer and BioNTech’s vaccine for use in children ages 12-15. This vaccine was already available to anyone over the age of 16. About 7 million children under the age of 18 have received at least one dose of the vaccine to date, and about 3.5 million are fully protected.

Moderna’s vaccine was approved for use in adults in December. His application to the FDA for young teenagers is based on study results published last month. This clinical trial enrolled 3,732 children, ages 12-17, with 2,500 receiving two doses of the vaccine and the remainder receiving a saltwater placebo.

The study found no cases of symptomatic Covid-19 in fully vaccinated adolescents, which is 100 percent effectiveness, the same number that Pfizer and BioNTech reported for this age group. The study also found that a single dose of the Moderna vaccine was 93 percent effective. Participants did not experience any serious side effects beyond those seen in adults: injection site pain, headache, fatigue, muscle pain, and chills.

An independent safety monitoring committee will follow all participants for 12 months after their second injection to assess long-term protection and safety.

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World News

Covid-19 Reside Updates: The Newest Information

Here’s what you need to know:

Credit…Pool photo by Francisco Seco

Leaders of the European Union on Thursday joined the calls for a full investigation into the origins of Covid-19, with the European Council president declaring “support for all the efforts in order to get transparency and to know the truth.”

“The world has the right to know exactly what happened in order to be able to learn the lessons,” added the president, Charles Michel, who heads the European Council, the body that represents the bloc’s national leaders. He made the comments during a news conference preceding the Group of 7 summit, which starts on Friday and will be attended by President Biden.

The World Health Organization conducted an inquiry this year into the origins of the virus, which first appeared in the Chinese city of Wuhan in late 2019. The study concluded that “introduction through a laboratory incident was considered to be an extremely unlikely pathway” but was widely seen as incomplete because of China’s limited cooperation. Governments, health experts and scientists have called for a more complete examination of the origins of the virus, which has killed more than 3.7 million people worldwide.

Late last month, Mr. Biden ordered American intelligence agencies to investigate the origins of the virus, an indication that his administration was taking seriously the possibility that the deadly virus had accidentally leaked from a lab, in addition to the prevailing theory that it was transmitted by an animal to humans outside a lab.

Ursula von der Leyen, the president of the European Commission, the European Union’s executive arm, highlighted on Thursday that “investigators need complete access to the information and to the sites” to “develop the right tools to make sure that this will never happen again.”

In the draft conclusions of next week’s summit between the European Union and the United States, leaders will call for “progress on a transparent, evidence-based and expert-led W.H.O.-convened Phase 2 study on the origins of Covid-19, that is free from interference.”

The nearly empty parking lot of a drive-through vaccination site in Forest, Miss., on Wednesday.Credit…Elijah Baylis for The New York Times

NASHVILLE — Public health departments have held vaccine clinics at churches. They have organized rides to clinics. Gone door to door. Even offered a spin around a NASCAR track for anyone willing to get a shot.

Still, the United States’ vaccination campaign is sputtering, especially in the South, where there are far more doses than people who will take them.

As reports of new Covid-19 cases and deaths nationwide plummet and many Americans venture out mask-free, experts fear the virus could eventually surge again in states like Alabama, Louisiana and Mississippi, where fewer than half of adults have had a first shot.

“I don’t think people appreciate that if we let up on the vaccine efforts, we could be right back where we started,” said Dr. Jeanne Marrazzo, the director of the Division of Infectious Diseases at the University of Alabama at Birmingham.

A range of theories exist about why the South, which as of Wednesday was home to eight of the 10 states with the lowest vaccination rates, lags behind: hesitancy from conservative white people, concerns among some Black residents, longstanding challenges when it comes to health care access and transportation.

The answer, interviews across the region revealed, was all of the above.

“There’s no magic bullet. There’s no perfect solution,” said Dr. W. Mark Horne, president of the Mississippi State Medical Association.

Time is of the essence, both to prevent new infections and to use the doses already distributed to states. Coronavirus variants are spreading, especially the highly transmissible and increasingly prevalent Delta variant, first detected in India. And millions of Johnson & Johnson vaccine doses will expire nationwide this month, prompting some governors to issue urgent pleas that health providers use them soon.

From rural Appalachia to cities like Birmingham and Memphis, the slowdown has forced officials to refine their pitches to residents. Among the latest offerings: mobile clinics, Facebook Live forums and free soccer tickets for those who get vaccinated.

A health worker preparing a dose of Moderna’s Covid vaccine at a medical center near Paris in March. Credit…Dmitry Kostyukov for The New York Times

Moderna requested an emergency authorization on Thursday from the Food and Drug Administration for use of its coronavirus vaccine in 12- to 17-year-olds. If authorized, as expected, the vaccine would offer a second option for protecting adolescents from the coronavirus, and hasten a return to normalcy for middle- and high-school students.

The company has already filed for authorization with Health Canada and the European Medicines Agency, and plans to seek approval in other countries, the chief executive Stéphane Bancel said in a statement. Authorization by the F.D.A. typically takes three to four weeks.

Last month, the F.D.A. expanded emergency use authorization for the vaccine made by Pfizer and BioNTech for use in children ages 12 to 15 years. That vaccine was already available to anyone older than 16. About 7 million children under 18 have received at least one dose of the vaccine so far, and about 3.5 million are fully protected.

Moderna’s vaccine was authorized for use in adults in December. Its application to the F.D.A. for young teens is based on study results reported last month. That clinical trial enrolled 3,732 children ages 12 to 17 years, with 2,500 receiving two doses of the vaccine and the remaining a saltwater placebo.

The trial found no cases of symptomatic Covid-19 among fully vaccinated teens, which translates to an efficacy of 100 percent, the same figure that Pfizer and BioNTech reported for that age group. The trial also found that a single dose of the Moderna vaccine has an efficacy of 93 percent. Participants did not experience serious side effects beyond those seen in adults: pain at the site of the injection, headache, fatigue, muscle pain and chills.

An independent safety monitoring committee will follow all participants for 12 months after their second injection to assess long-term protection and safety.

A funeral home employee sanitized coffins in Buenos Aires in early May.Credit…Juan Ignacio Roncoroni/EPA, via Shutterstock

RIO DE JANEIRO — Officials at the World Health Organization on Wednesday repeated their calls for the world’s governments to accelerate plans to distribute coronavirus vaccines to hard-hit nations, warning that many countries in Latin America continued to see rising caseloads.

“Across our region, this year has been worse than last year,” said Dr. Carissa F. Etienne, the director of the Pan American Health Organization, which is part of the W.H.O. “In many places, infections are higher now than at any point in this pandemic.”

The comments came as President Biden prepared to announce that his administration would buy 500 million doses of the Pfizer-BioNTech vaccine and donate them among about 100 countries over the next year, according to people familiar with the plan. Mr. Biden could announce the arrangement as early as Thursday, as he begins his first trip abroad as president.

It is not yet clear which countries the 500 million vaccine doses would be supplied to, but Latin America is among the regions where the need is urgent. Eight of the 10 countries with the highest rate of Covid deaths per capita are in Latin America and the Caribbean, according to the Center for Systems Science and Engineering at Johns Hopkins University.

And even as hospitals in Argentina, Chile, Uruguay and other nations where the virus continues to spread aggressively have created overflow facilities, health care systems in several nations in the region are struggling to cope, Dr. Etienne said during the W.H.O.’s virtual news conference on Wednesday morning.

“Despite the doubling or even the tripling of hospital beds throughout the region, I.C.U. beds are full, oxygen is running low and health workers are overwhelmed,” she said.

Most governments in Latin America are struggling to acquire enough doses to quickly inoculate their people, which will delay their ability to fully reopen economies, officials said.

Last week, Mr. Biden said that the United States would distribute 25 million doses this month to countries in the Caribbean and Latin America; South and Southeast Asia; Africa; and the Palestinian territories, Gaza and the West Bank. Those doses are the first of 80 million that Mr. Biden pledged to send abroad by the end of June.

Dr. Etienne said that only a more equitable distribution system would put an end to the pandemic in the foreseeable future.

“Today we’re seeing the emergence of two worlds, one quickly returning to normal and another where recovery remains a distant future,” Dr. Etienne said. “Unfortunately, vaccine supply is concentrated in a few nations while most of the world waits for doses to trickle down.”

She singled out the vaccine shortage in Central America, home to more than 44 million people, where just over two million have been inoculated. Fewer than three million people have been vaccinated in nations in the Caribbean, which has a population of just over 34 million.

A covid-19 vaccination center in Sultanpur village in Utter Pradesh, India, last week.Credit…Atul Loke for The New York Times

As it has with nearly every other major event of the past year, the pandemic looms large over this week’s Group of 7 summit, with world leaders already making commitments to do more to stop the coronavirus as they prepare for the three-day gathering that begins on Friday.

In recent months, wealthy nations with robust vaccination campaigns have quickly moved toward inoculating large swaths of their population. Now, they are pledging to help the rest of the world meet that goal, too.

In a statement released on Thursday, Prime Minister Boris Johnson, who is playing host to the summit as Britain takes up the G7 presidency this year, said it was crucial to use the moment to act.

“The world needs this meeting,” he said. “We must be honest: International order and solidarity were badly shaken by Covid. Nations were reduced to beggar-my-neighbor tactics in the desperate search for P.P.E., for drugs — and, finally, for vaccines,” he added, referring to personal protective equipment.

He said now was the time to “put those days behind us.”

“This is the moment for the world’s greatest and most technologically advanced democracies to shoulder their responsibilities and to vaccinate the world, because no one can be properly protected until everyone has been protected,” he added.”

President Biden, under pressure to address the global coronavirus vaccine shortage, will announce on Thursday that his administration will buy 500 million doses of the Pfizer-BioNTech vaccine and donate them among about 100 countries over the next year, the White House said.

“We have to end Covid-19, not just at home, which we’re doing, but everywhere,” Mr. Biden told United States troops at R.A.F. Mildenhall in Suffolk, England, on Wednesday evening. “There’s no wall high enough to keep us safe from this pandemic or the next biological threat we face, and there will be others. It requires coordinated multilateral action.”

Pfizer said in a statement announcing the deal on Thursday that the United States would pay for the doses at a “not for profit” price. The first 200 million doses will be distributed by the end of this year, followed by 300 million by next June, the company said. The doses will be distributed through Covax, the international vaccine-sharing initiative.

“Fair and equitable distribution has been our North Star since Day One, and we are proud to do our part to help vaccinate the world, a massive but an achievable undertaking,” Albert Bourla, Pfizer’s chief executive, said in a statement.

global round up

Singapore this month. In mid-May, the government banned dining in restaurants and gatherings of more than two people.Credit…Feline Lim/Getty Images

The Singaporean government said on Thursday that it would ease some social restrictions after nearly a month of tough measures to contain a coronavirus outbreak fueled in part by the Delta variant, first detected in India.

The city-state also said that it would expand its vaccination campaign, allowing Singaporeans ages 12 and older to register for shots beginning on Friday and extending eligibility to the rest of the population in the coming months.

The announcement came a day after the nation of 5.7 million recorded just two new coronavirus cases, the lowest number in months. In mid-May, after an outbreak at Singapore’s international airport led to dozens of infections, the government banned dining in restaurants and gatherings of more than two people.

“We have slowed down the chains of transmission and reduced the number of community cases, and are now in a position to ease the tightened measures,” the Health Ministry said in a statement on Thursday.

Beginning on Monday, people will be allowed to gather in groups of up to five, and restaurants and gyms will be permitted to reopen to customers the following week if cases remain low, the ministry said.

About a third of Singaporeans are fully vaccinated, one of the highest rates in Asia, but the country has kept cases low by requiring masks, strictly tracing contacts and eliminating most overseas travel. Officials have said that lifting further restrictions will depend on many more people getting vaccinated.

In other news around the globe:

  • Abu Dhabi, in the United Arab Emirates, will restrict access to shopping malls, restaurants, cafes and other public places to those who have been vaccinated against the coronavirus or who have recently tested negative, starting on Tuesday, Reuters reported. The new rules were announced late on Wednesday and come as the United Arab Emirates has seen daily cases rise during the past three weeks. The restrictions will also apply to gyms, hotels, public parks, beaches, swimming pools, entertainment centers, cinemas, and museums, Abu Dhabi’s media office said.

  • Germany’s vaccination confirmation app was introduced on Thursday, nearly half a year after inoculations started there. The app, called CovPass, will present a simple QR code confirming that the owner is fully vaccinated. Starting on Monday, doctors and pharmacies will be able to transcribe the usually handwritten entries from paper vaccine booklets into the digital app.

  • After accusations of fraud at its rapid virus-testing centers, the Health Ministry in Germany announced tougher licensing rules and more spot checks. Public sector health insurers are being tasked with keeping a close eye on the number of tests claimed and carrying out spot checks if the numbers seem off. The government’s per-test payout will also be significantly reduced, to a maximum of 12.50 euros, or about $15, from €18.

  • David Hasselhoff called for people to roll up their sleeves for the vaccine in an advertisement for Germany’s inoculation campaign. “I’ve found freedom in vaccination,” the former “Baywatch” star said in the clip, a reference to his 1989 version of the song “Looking for Freedom,” which became a smash success in Germany as the Berlin Wall fell and which he performed atop the Wall on New Year’s Eve that year. German health authorities believe that as much as 75 percent of the population will eventually get vaccinated.

Christopher F. Schuetze contributed reporting.

An eruption of the Kilauea volcano last December. The volcano is just one of the many tourist draws on Hawaii’s Big Island.Credit…Janice Wei/National Park Service, via Associated Press

An overcrowded jail in Hawaii that had avoided Covid-19 outbreaks during the first 15 months of the pandemic has been overwhelmed by the virus — with more than one-third of its inmates infected — just as the state is more fully reopening to tourists.

The outbreak corresponds with a significant rise in Covid-19 cases in Hawaii County, or the Big Island, where the jail is situated: There has been a 141 percent increase in infections during the past two weeks, according to a New York Times database.

The National Guard is helping with testing and security to control the outbreak at the Hawaii Community Correctional Center in Hilo, the Big Island’s largest city, where inmates started fires last week as part of a protest, advocacy groups for inmates said.

Public health officials have warned for months that the nation’s correctional facilities will continue to suffer from large numbers of coronavirus infections until the vast majority of inmates and staff are vaccinated.

And because the average person stays in jail for only about 10 days, the virus has been able to spread rapidly between the community and jails during the course of the pandemic.

The reluctance among inmates and staff in the nation’s prisons and jails to get inoculated has complicated vaccination efforts, including in Hawaii.

At the Hilo jail, there are no precise figures available for vaccinations, but as few as 25 percent of inmates and 50 percent of staff have consented to be vaccinated, Lt. Gov. Josh Green, who is also an emergency room physician, said in an interview. The result, he said, is potential community spread through both inmates and staff.

“If there was a continuous simmering outbreak of Covid in the one place where very few people are getting vaccinated, it can break back into the community,” Mr. Green said.

The jail outbreak has led to some uncertainty about reopening. For much of the pandemic, travelers have been required to quarantine for at least 10 days upon arrival.

But arriving tourists can now skip quarantine by showing proof of a negative coronavirus test taken within 72 hours of their arrival. Beginning next Tuesday, people will no longer have to show negative tests to travel from one of the state’s islands to another. Demand for hotel rooms has increased more than 800 percent, according to state tourism data from April, the latest available.

As of Wednesday morning, 138 inmates and 18 staff have been infected in the Hilo jail, officials said.

There are currently about 340 inmates at the jail — about 120 more than its capacity. Inmates routinely must sleep on floors.

“This is scary because what’s happening — I don’t think it’s just going to be contained to that one place, because it’s going to leak out into the community where the guards live,” said Kat Brady, the coordinator of an advocacy group, the Community Alliance on Prisons.

Dr. Green said the state is considering prohibiting unvaccinated guards from having contact with prisoners in the future.

He said correctional institutions were among the “last pockets of risk” for coronavirus outbreaks, and that the lack of priority in reducing crowding and increasing vaccination rates was shortsighted.

“People are more inclined to spend money on ‘good citizens’ versus those who have lost their way,” he said. “But outbreaks will affect us all.”

Ann Hinga Klein and

A hospital in Bhagalpur, in the Indian state of Bihar, last year. A review found that more than 9,000 people had died from Covid-related complications  in the northern state since March 2020.Credit…Danish Siddiqui/Reuters

NEW DELHI — India’s coronavirus death toll shot up on Thursday after an audit unearthed thousands of uncounted fatalities in the northern state of Bihar, one of the largest and poorest states in the country.

The audit in Bihar showed that more than 9,000 people had died from Covid-related complications since March 2020, significantly higher than the 5,500 deaths originally reported.

The audit was ordered after a hearing on May 17 in the Bihar High Court in Patna, the state capital, in which a district commissioner reported that a single cremation ground had handled 789 bodies in a 13-day period in May. That number clashed sharply with the seven deaths in the whole of May that Tripurari Sharan, a top state-level official, had reported for that entire district.

The revised figures underline the doubts about the accuracy of the Indian government’s official coronavirus statistics. Even in normal times, only about one in five deaths in India is medically certified, experts say.

Opposition political parties in Bihar have accused the state’s top elected official, Nitish Kumar, and his administration of hiding the true death toll to mask failures to mitigate the deadly second wave that has battered India.

The high court in Bihar has been monitoring the state government’s pandemic response since early May after taking up a petition filed by an activist that complained of mismanagement.

But Bihar’s health minister, Mangal Pandey, told The New York Times that the updated numbers reflected a good-faith effort to uncover families eligible for monetary support from the government.

“The intention is to help everyone, not to hide the real death toll,” Mr. Pandey said. “We will leave no death unaccounted for.”

Elsewhere in India, such as in the western state of Gujarat, observers have reported a wide discrepancy between official coronavirus death numbers and the actual figures. While some states have issued revised numbers, no update comes close to Bihar’s. Still, experts say they believe that India’s total number, which because of the audit in Bihar rose by 6,148 deaths on Thursday to 359,676, is a vast undercount.

Emily Schmall reported from New Delhi, and Sameer Yasir from Srinagar, Kashmir.

Gilbert Torres, 30, a few hours after being extubated in January, in the intensive care unit of a Los Angeles hospital.Credit…Isadora Kosofsky for The New York Times

Deaths from Covid-19 have dropped 90 percent in the United States since their peak in January, according to provisional federal data, but the virus continues to kill hundreds daily. By late May, there were still nearly 2,500 weekly deaths attributed to Covid-19.

With more than half of the U.S. population having received at least one vaccine dose, experts say that the unvaccinated population is driving the lingering deaths.

After seniors were given priority when the first vaccines were authorized for emergency use in December, the proportion of those dying who were 75 or older started dropping immediately.

Younger populations began to make up higher shares of the deaths compared with their percentages at the peak of the pandemic — a trend that continued when all adults became eligible for the shots. While the number of deaths has dropped across all age groups, about half now occur in people aged 50 to 74, compared with only a third in December.

More than 80 percent of those 65 and older have received at least one vaccine dose, compared with about half of those 25 to 64.

“I still think the narrative, unfortunately, is out there with younger people that they can’t suffer the adverse events related to Covid,” which is not the case, said Krutika Kuppalli, an infectious-diseases expert at the Medical University of South Carolina.

Still, those 50 and older make up the bulk of Covid-19 deaths. Among that cohort, white Americans are driving the shifts in death patterns. At the height of the pandemic, those who were white and aged 75 and older accounted for more than half of all Covid-19 deaths. Now, they account for less than a third.

Middle-age populations of all racial groups are making up a higher proportion of Covid-19 deaths than they did in December.

The extent of the drop in deaths, however, is not uniform, and cumulative vaccination rates among Black and Hispanic populations continue to lag behind those of Asian and white populations, according to demographic data from the Centers for Disease Control and Prevention.

The data shows that more work is needed to reach and vaccinate “rural populations, ethnic and racial minority populations, homeless populations, people who don’t access medical care,” Dr. Kuppalli said.

Outside the Goldman Sachs headquarters in Manhattan. The bank is requiring all of its employees in the United States to log their vaccination status in the bank’s system.Credit…Brendan Mcdermid/Reuters

Goldman Sachs wants to know how many of its employees have gotten a Covid-19 shot. The bank sent a memo this week informing employees in the United States that they must report their vaccination status by noon on Thursday.

“Registering your vaccination status allows us to plan for a safer return to the office for all of our people as we continue to abide by local public health measures,” said a section of the memo, which was sent to employees who have not yet reported their status and was obtained by the DealBook newsletter.

Disclosing vaccination status had been optional at the bank. In May, Goldman told employees that they could go maskless in the Manhattan office if they reported their vaccination status.

Now, all Goldman employees in the United States, regardless of whether they choose to wear a mask while in the office, will need to log their status in the bank’s system. They do not need to show proof of vaccination, but will be asked to record the date they received their shots and the maker of the vaccine.

The bank has roughly 20,000 employees based in the firm’s New York headquarters as well as other U.S. cities, including San Francisco and Dallas.

The Equal Employment Opportunity Commission made clear this month that asking employees for their vaccination status was legal, as long as the data was kept confidential.

Companies are trying to find out how many workers are vaccinated ahead of full office reopenings. They’re doing it by conducting surveys, giving out cash rewards upon proof of vaccination or making reporting compulsory, as with Goldman. That data can inform the need for new incentives to get more people vaccinated or potentially to impose a mandate. (Goldman, for its part, said in the memo it “strongly encourages” vaccination, though the choice “is a personal one.”) The Wall Street firm, which began to bring more workers back to the office this month, has been offering employees paid time off to get the shots.

An underground market has sprung up for vaccination cards.Credit…Lucy Nicholson/Reuters

A Nevada man accused of stealing more than 500 blank Covid-19 vaccine cards from the Los Angeles vaccination site where he worked was charged on Wednesday with one felony count of grand theft, according to the Los Angeles County District Attorney’s office.

The man, Muhammad Rauf Ahmed, 46 of Las Vegas, had been arrested in April, but the charge was delayed as the police and prosecutors sought to determine the value of the cards, which was eventually judged to be “at least $15 apiece if illegally sold.”

Around the country, many bars, restaurants and businesses that operate under limited capacity have loosened restrictions for people who can prove that they have gotten the vaccine, creating an underground market for doctored or fraudulent vaccine cards.

In January, fake vaccine cards were being sold on eBay, Etsy, Facebook and Twitter, ranging in price from $20 to $60. In May, a California bar owner was arrested on charges that he sold fake vaccine cards for $20 a piece.

Mr. Ahmed was a nonclinical contract employee hired to work at the vaccination site at the Los Angeles County Fairgrounds, where nearly 4,000 vaccines are administered daily, the La Verne Police Department, in eastern Los Angeles County, said in a statement on Tuesday.

La Verne Detectives recover over 500 blank COVID-19 vaccine cards stolen from Fairplex Mega-POD.

Muhammad Raud Ahmed, 45 of Las Vegas NV, a non-clinical contracted employee of the location has been arrested.#arrest #COVID19 #vaccine pic.twitter.com/HlzJpSONEU

— La Verne Police Dept (@LaVernePD) June 8, 2021

On April 27, the department was contacted after a security guard at the site spotted Mr. Ahmed leaving with a batch of the distinctive cards in his hand, Detective Sgt. Cory Leeper said in an interview on Wednesday.

Eventually, two staff members from the vaccination site confronted Mr. Ahmed at his car, the detective sergeant said. Mr. Ahmed told them that he liked to go to his car on his break and on that day, sought to “pre-fill” the cards with information that went to every recipient in order to get ahead of his workload, the detective sergeant said.

Officials recovered 128 cards from Mr. Ahmed’s vehicle, according to the police, and when questioned further, Mr. Ahmed acknowledged that he may have taken additional cards. The police found 400 blank cards in the hotel room where he was staying. Mr. Ahmed was arrested. Efforts to reach him by telephone on Wednesday were not successful.

“Selling fraudulent and stolen vaccine cards is illegal, immoral and puts the public at risk of exposure to a deadly virus,” George Gascón, the district attorney in Los Angeles, said in a statement on Wednesday.

Receiving the Astrazeneca vaccine last month in Rome. The shots have been promoted to younger people at “open” events, but that may be about to change.Credit…Fabrizio Villa/Getty Images

Back in April, Italy, acting on a report by Europe’s drug regulator of a “possible link” between the AstraZeneca vaccine and rare blood clots, recommended not giving the shots to people under 60.

But in the ensuing months, as the country put its inoculation campaign into overdrive, AstraZeneca vaccines became the featured attraction of “open days” or “open nights,” which offered shots to younger people weeks ahead of where they would have fallen in the priority schedule. The events — some featuring D.J.s and group selfies — were praised as a great success. But they also raised concerns that Italy seemed to be promoting the AstraZeneca vaccine to younger people despite the regulator’s recommendations.

On Wednesday, the government muddled matters further by publicly mulling whether to introduce stricter limitations on the use of the AstraZeneca shots that would effectively prohibit such events for younger people in the future.

“I think new indications would be appropriate,” Pierpaolo Sileri, an undersecretary at the Italian Health Ministry, told the Italian news website Fanpage, adding that the government would consider a block on administering the vaccine to people under the age of 30 or 40.

Other countries have also struggled to chart a clear policy on the AstraZeneca vaccine.

Though the regulator, the European Medicines Agency, deemed the vaccine safe, the risk of very rare blood clots has led some nations to adapt their approaches. In Britain, where the vaccine was created, more than 35 million doses have been given, but the country has acknowledged the risk by offering younger people an alternative when possible. France only distributes the shots to people who are 55 and older, Belgium to those who are 41 and older.

Germany stopped using the AstraZeneca shots altogether for a few days, before later recommending that they should not be used in people under 60. Now, like Italy, Germany has made the AstraZeneca vaccine available to anyone over 18, as long as they acknowledge the risk.

On Wednesday, a new study published in the journal Nature Medicine showed that people receiving the AstraZeneca vaccine had a slightly increased risk of a bleeding disorder and possibly of other rare blood problems.

Andrea Costa, another undersecretary at the Italian Health Ministry, said on Italian radio on Wednesday that the country was able to rely on “many other vaccines” and that any further limitation “will not hamper the vaccination campaign.”

But some doctors in Italy said they feared that yet another change in direction could prompt more skepticism toward the AstraZeneca vaccine.

“This poor vaccine,” said Dr. Patrick Franzoni, who spearheads the inoculation campaign in the northern region of Trentino-Alto Adige. “With this Ping-Pong of information, we risk completely boycotting it.”

In the past weeks, Dr. Franzoni said that he had helped organize open nights, complete with D.J.s, during which 22,000 younger people, who would otherwise have had to wait weeks for a shot, received the AstraZeneca vaccine.

“When older people saw they had AstraZeneca on their slot they did not book the vaccine,” Dr. Franzoni said, “so we did these open nights” to use up the supply.

“And we had a great response,” he added.

Other Italian regions introduced similar initiatives. In Lazio, which includes Rome, about 200,000 people of all ages got their AstraZeneca shot during open days. And Liguria, in the northwest, offered more than 40,000 doses at similar events.

But when reports spread about an 18-year-old girl who was hospitalized with a cerebral thrombosis after attending an open day in Liguria, many canceled their appointments.

Some doctors in Italy have urged the government to stop distributing the AstraZeneca vaccine to younger people. “With a low circulation of the virus, the risks of AstraZeneca can outweigh the benefits in people below the age of 30,” Nino Cartabellotta, a prominent public health researcher, tweeted.

The Italian government is now discussing possible new and more restrictive recommendations, a spokesman for the Health Ministry said.

Christopher F. Schuetze, Monika Pronczuk and Constant Méheut contributed reporting.

Categories
Politics

Fewer Migrant Kids Arriving Alone at US Border, Knowledge Reveals

The number of migrant children and teenagers arriving alone at the United States border with Mexico decreased last month compared to a month earlier, according to newly released Customs and Border Protection data.

There was a slight increase in the number of border crossings, encounters and apprehensions overall during the same time period, a sign that the record surge of migrants trying to get into the country this spring could be starting to stabilize.

But the problem is far from over for the Biden administration, which is currently trying to safely place more than 16,000 migrant children in government custody with family members living in the United States. The administration on Monday threatened to sue the state of Texas if Gov. Greg Abbott, a Republican, follows through with his threat to shut down more than 50 shelters in the state where thousands of migrant children have been living.

Mr. Abbott’s action, which was part of a disaster order issued at the end of last month, was seen by many as a deliberate swipe at the Biden administration’s more compassionate posture on immigration compared to the restrictive measures of the Trump administration.

It is typical for the number of migrants traveling to the United States through the southern border to increase during spring months, but this year the turnout has been much higher, with a nearly 50 percent increase in border crossings, encounters and apprehensions in March, April and May compared to a similar surge over the same period in 2019.

Republicans have seized on the surge along the southern border, calling it a crisis — a term the Biden administration has avoided.

Most of the adult migrants who have been arriving at the southern border this year have been barred from entering the country because of a public health rule put in place during the Trump administration, which is responsible for more than 463,000 expulsions on the southern border between January and May of this year.

While the last administration also barred children for public health reasons, the Biden administration has been allowing migrant children to enter the country and stay in shelters overseen by the Department of Health and Human Services until they can be placed with a family member or other sponsor. Since the beginning of the year, more than 65,000 migrant children and teenagers arrived alone on the southern border, with record numbers arriving during the spring months. Nearly 2,900 fewer migrant children arrived alone at the southern border in May compared to a month earlier.

Because of a shortage of shelter space at the federal government’s network of state-licensed facilities earlier this year, migrant children were forced to stay in overcrowded holding cells along the southern border long past the legal limit. Earlier this year, the Biden administration moved to set up about a dozen emergency shelters where the children could stay in Health and Human Services custody until they are placed with a family member or sponsor inside the United States.

Recently, migrant children and teenagers have been staying in H.H.S. custody for an average of 37 days, according to government statistics. Children’s advocates have said ideally a child would not have to stay more than 20 days in a government shelter.

Categories
Entertainment

5 Issues to Do This Weekend

Mary Mattingly grew up in a rural New York community with no access to safe drinking water. With this in mind, the artist recently organized a one-year virtual exhibition that documents the creation of the New York water supply system. In collaboration with More Art, she created a keystone project for this campaign, “Public Water,” a geodesic dome full of water filtration systems that works like this system. At the entrance to the Grand Army Plaza of Prospect Park in Brooklyn until September 7th, the piece shows what helps to supply millions of people with this natural resource despite the environmental challenges.

The artist Maya Lin shows what other dangers climate change can bring: a “ghost forest”, her installation in Madison Square Park in Manhattan, can be seen until November 14th. The work shows 49 dead cedars that Lin planted on charges of deforestation. In order to offer solutions as well, she has planned a number of public programs (listed on the park protection website) that focus on how we can help.
MELISSA SMITH

JAZZ

There is history around them in this area. Half a century ago, not long after a group of abstract expressionist painters founded the New York School there, jazz improvisers who lived and played nearby, such as Ornette Coleman and Cecil Taylor, showed how expressionism can be and how it can be a collective act he might sound.

Free jazz as a tradition in Lower Manhattan has never entirely gone, and after a year and a half of silence, AFA returns live this weekend with free concerts on Saturday and Sunday at 3:00 p.m. in the art space First Street Green between First and Second Avenues. William Parker will perform each day with some of New York’s best creative improvisers, including saxophonist Darius Jones, trombonist Steve Swell and multi-instrumentalist Joe McPhee.
GIOVANNI RUSSONELLO

CHILDREN

Regardless of how you feel about public transportation these days, a railroad adventure remains perfectly safe: the ride the New York Transit Museum offers on Saturday.

Though the institution has not yet reopened its headquarters, a disused subway station in Brooklyn, it still holds its annual family allowance Party on Wheels over a well-known high-speed means of transport – the internet.

This free virtual excursion ($ 25 per family donation is recommended) will run on Zoom from noon to 1 p.m. Eastern Time. After a brief tour of vintage cars, including the oldest in the museum’s collection – a Brooklyn Union Elevated car from 1904 – the married duo Dan + Claudia Zanes will present a concert on the theme of New York and Transit and participate in a short Q&A.

Join The Times theater reporter Michael Paulson in conversation with Lin-Manuel Miranda, see a performance of Shakespeare in the Park, and more as we explore the signs of hope in a transformed city. For a year now, the “Offstage” series has accompanied the theater through a shutdown. Now let’s look at his recovery.

One of the folk tunes they’ll be playing, the bluesy “Coney Island Avenue,” inspires the final activity. As they listen to the song, the children draw pictures that capture their own colorful visions of a trip to the beach.
LAUREL GRAVE

Film series

The New York Film Festival took place on the web and in drive-in theaters in September and October. From Friday to August 26th, around 30 features can now be played indoors. Big Screen Summer: NYFF58 Redux kicks off in the movie at Lincoln Center with Steve McQueen’s “Small Ax” anthology: “Lovers Rock” (who opened the festival) plays throughout the month, and the other “Small Ax” movies (including “Mangrove” and “Red, White and Blue”) will be shown several times in the coming week.

Later in June and July, expect revivals like “Hopper / Welles” (an extended dialogue between Dennis Hopper and Orson Welles, with Welles sometimes playing a role) and Hou Hsiao-hsien’s “Flowers of Shanghai”. The program will also have some selections that did not show up at all. The eight-hour “The Works and Days (of Tayoko Shiojiri in the Shiotani Basin)” runs from July 16-22 in August the Polish film “The Hourglass Sanatorium” from 1973 will be shown.
BEN KENIGSBERG

Stand-up Kelly Bachman went viral in October 2019 for adapting her act when she saw Harvey Weinstein in the audience. Millions watched the clip on Twitter, and Bachman made the most of their moment by presenting the Rape Jokes by Survivors showcase at the 2019 New York Comedy Festival and participating in Hysterical, an FX on Hulu documentary that which was released in March.

In between, she developed a musical comedy hour, “Rape Victims Are Horny Too,” with Dylan Adler, another survivor and comedian of assaults. Bachman and Adler began performing in February 2020, then switched to livestreaming last year while simultaneously making a music video for one of their songs, “Tell Me I’m Hot and Don’t F *** ing Touch Me.”

Her first personal show since the pandemic is on Saturday at 7:30 p.m. at Asylum NYC. Tickets are $ 20, and viewers must present proof of vaccination or a negative Covid-19 test on the same day to participate. Further performances are planned for June 24th in the Caveat and July 10th in the Asylum.
SEAN L. McCARTHY

Categories
Health

Singapore to start out easing Covid restrictions as day by day infections fall

A woman wearing a face mask as a prevention against Covid-19 walks along the promenade at Marina Bay in Singapore on May 9th, 2020.

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SINGAPORE – The Singapore government announced on Thursday that it would ease restrictions on Covid as the number of daily infections has decreased.

The Southeast Asian country tightened social distancing measures last month to curb a surge in local Covid-19 infections. These measures, which included eating out and small social gatherings, had been in place since mid-May.

Starting Monday, Singapore allows social gatherings of five people – an increase from the current two-person limit.

Restrictions on event attendees and operating capacity in places like public libraries and museums will also be relaxed, the government said.

We need to learn to live with the virus and then do our best to minimize transmission and minimize the risk of large clusters breaking out.

Lawrence Wong

Singapore Finance Minister

From June 21st, the restrictions will be further relaxed. Activities such as dining out and some mask-off activities in gyms and gyms are allowed to resume with some social distancing measures.

However, working from home remains the standard for those who can, the government said.

Local infections in Singapore have dropped to single digits in the past few days. Overall, the country has reported more than 62,000 cases since the beginning of last year, with 34 deaths on Wednesday, data from the health ministry showed.

However, Treasury Secretary Lawrence Wong, co-chair of Singapore’s Covid Task Force, said the country must be ready to see more cases as it opens. He added that the country needs to continue its vaccination and testing efforts to curb high rates of infection within the community.

“We will have to learn to live with the virus and then do our best to minimize transmission and minimize the risk of large clusters breaking out,” Wong said at a media briefing on Thursday.

Vaccination progress

Around 2.5 million people have received at least one dose of the Covid-19 vaccine, according to Singapore. That’s about 40% of the population.

Starting Friday, the country will allow people ages 12 to 39 to register for a vaccination.

Wong said Singapore aims to have 50% of its population fully vaccinated by August. By October, that number would hit 75% or more, he added.

Health Minister Ong Ye Kung said people who were vaccinated and who got Covid-19 had fewer severe symptoms than people without the vaccination.

Ong said that of all cases since April 11, about 9% of unvaccinated, infected people needed supplemental oxygen or intensive care. Less than 1% of fully vaccinated people who were infected needed supplemental oxygen or critical care, he added.

Categories
Politics

Fauci blasts ‘preposterous’ Covid conspiracies, accuses his critics of ‘assaults on science’

A defiant Dr. Anthony Fauci on Wednesday lashed out at critics calling for his ouster, blasting their “preposterous” and “painfully ridiculous” attacks and defending his record as a leading official battling the coronavirus pandemic.

Such “attacks on me are, quite frankly, attacks on science,” Fauci said in an interview with NBC News’ Chuck Todd. “People want to fire me or put me in jail for what I’ve done — namely, follow the science.”

Fauci, the White House’s chief medical advisor, pulled few punches as he directly rebutted critics who have attacked his prior remarks on the origins of the virus and on wearing masks to prevent transmission, along with a raft of conspiracy theories.

“If you go through each and every one of them, you can explain and debunk it immediately,” Fauci said. “I mean, every single one.”

Fauci also flatly dismissed a conspiracy theory about him and Facebook CEO Mark Zuckerberg that has been pushed by Republican Sen. Marsha Blackburn of Tennessee.

Zuckerberg emailed Fauci early on in the pandemic, inviting him to a Q&A video on the platform and outlining some ideas where the social media giant could work with the U.S. government on the Covid response. Blackburn claimed the emails between the two men showed that Fauci was trying to create a narrative “so that you would only know what they wanted you to know.”

Fauci has come under fire in recent days following the release of a trove of his emails obtained by BuzzFeed News and other news outlets through the Freedom of Information Act.

“I don’t want to be pejorative of a United States senator, but I have no idea what she’s talking about,” Fauci said after listening to the senator’s claims.

Fauci, the 80-year-old director of the National Institute of Allergy and Infectious Diseases, maintained that his views on the origins of the coronavirus have not changed, even as the theory of a lab-leak pandemic has recently become more mainstream.

Saying that a natural-origin scenario is more likely “doesn’t mean there is a closed mind to it being a leak,” Fauci said, “even though many people feel, myself included, that still the most likely origin is a natural one.”

“I haven’t changed my mind,” Fauci said.

“You want to keep an open mind. It’s a possibility. I believe it’s a highly unlikely possibility, and I believe that the most important one, that you look at what scientists feel, is very likely that it was a natural origin,” Fauci said.

He said he’s “very much in favor” of further investigation into Covid’s origins.

Fauci has been a target for criticism in mostly Republican circles for much of the pandemic, including by former President Donald Trump, who suggested he would have fired Fauci if he won re-election.

The release of more than 3,200 pages of his emails from the first half of 2020 has given rise to new waves of attacks from conservatives.

Fauci in Wednesday’s interview seemed at times to be exasperated by the torrent of criticism. “Lately everything I say gets taken out of context — not by you, but by others,” he told NBC’s Todd.

The points are “just painfully ridiculous,” he said. “I could go the next half an hour going through each and every point that they made.”

He spoke at length about why government recommendations on mask-wearing changed over time, noting that he is “picked as the villain” on the issue despite other officials sharing his views at the time.

At the beginning, Fauci said, there was believed to be a shortage of masks, there was little available evidence that masks worked outside of a hospital setting, and the asymptomatic spread of the virus was not fully known.

As those three factors changed, so too did the guidance, he said. “When those data change, when you get more information, it’s essential that you change your position because you have got to be guided by the science and the current data.”

“People want to fire me or put me in jail for what I’ve done — namely, follow the science,” he said.

“It’s preposterous, Chuck. Totally preposterous.”

Asked about the impact of the politically charged attacks on public health officials over the past year, Fauci said it’s “very dangerous.”

“A lot of what you’re seeing as attacks on me, quite frankly, are attacks on science, because all of the things that I have spoken about, consistently from the very beginning, have been fundamentally based on science,” he said.

“Sometimes those things were inconvenient truths for people, and there was pushback against me. So if you are trying to, you know, get at me as a public health official and a scientist, you are really attacking not only Anthony Fauci, you are attacking science,” he said. “And anybody that looks at what is going on clearly sees that.”

Categories
Health

Jessica Morris, Whose Mind Most cancers Was Her Trigger, Dies at 57

Through the nonprofit Our Brain Bank she founded, Ms. Morris encouraged more than just treating the tumor.

“If you are suddenly told that you have a disease that is considered incurable,” she said in the Human Guinea Pig Project podcast in 2019, “the only thing you urgently need is psychological support, and it’s not there.”

She also wanted to make sure patients had access to second opinions and funding so that those who were told by a doctor “nothing can be done” could take a more aggressive approach if they so wished. She herself took several novel approaches, her husband said, including an experimental therapy suggested by one of her doctors that injects herpes virus into the tumor in hopes of stimulating an immune response.

“Even if I don’t know exactly how certain treatments might work – and nobody really knows – it makes sense to block as many routes to cancer as possible,” Ms. Morris said on the podcast.

Another goal was to make it easier for glioblastoma patients to participate in clinical trials with drugs and therapies. Access to such studies can be tedious and frustrating for patients with limited life expectancy. And since glioblastoma is a complex disease in which each tumor has different characteristics, Ms. Morris and her organization have developed an app that patients can use to report symptoms and share information with each other and with medical professionals – to better understand the disease.

“Patient symptom data is a largely untapped pool of information that can inform researchers so they can better develop treatments,” Ms. Morris said during a 2019 panel discussion on patient-centered treatments. “Involving patients in this process has the added benefit of making people with the disease feel like they are dealing with the disease, and not the other way around.”

Jessica Jane Morris was born on July 22nd, 1963 in Greenwich near London. Her father Bill was an architect and her mother Elizabeth (Villar) Morris is an artist.

Categories
World News

Northvolt raises $2.75 billion from Goldman, VW to compete with Tesla

Northvolt’s battery factory in northern Sweden in June.

North volt

Northvolt, a Swedish battery maker, has raised $ 2.75 billion from a number of big names to fuel its global expansion and increase production.

Headquartered in Stockholm, the company makes the lithium-ion batteries used to power electric cars, and claims it has signed $ 27 billion in contracts with companies like BMW and VW. The aim is to manufacture “the most environmentally friendly batteries in the world” using renewable energy sources and recycled raw materials.

The latest funding round, Northvolt’s largest to date, was led by Goldman Sachs and VW alongside new investors including Swedish pension funds AP1, AP2, AP3, AP4 and Canadian pension provider OMERS. Previous investors such as Spotify CEO Daniel Ek and the investment company Baillie Gifford are also investing in the round.

The total investment in the company now stands at $ 6.5 billion. The latest round of funding valued Northvolt at $ 11.75 billion, according to a person familiar with the company who asked to remain anonymous as Northvolt did not publicly disclose the number.

Northvolt was founded in 2016 and intends to use the financing to expand the capacity of its plant in the far north of Sweden from 40 gigawatt hours to 60 gigawatt hours, which is enough to supply batteries for around 1 million electric vehicles. Production is scheduled to start at the factory this year.

Read more about electric vehicles from CNBC Pro

Northvolt co-founder and CEO Peter Carlsson told CNBC in an interview on Wednesday that the company is making “fairly significant shipments” from a smaller facility that has been in operation for over a year to customers who are now doing their own business. Validations. “

While none of the company’s batteries are in electric vehicles that are on the road today, they are used on test tracks, Carlsson said, adding that he expects Northvolt’s batteries to be delivered in vehicles from 2023 and in energy storage applications by the end of the next year.

VW, which placed a $ 14 billion contract with Northvolt earlier this year, announced Wednesday that it had invested $ 500 million ($ 609 million) of the $ 2.75 billion and that its 20% stake in the company remains unchanged.

“With this investment, we are strengthening our strategic partnership with Northvolt as a supplier of sustainable battery cells that are manufactured with renewable energies and are comprehensively recyclable,” said Arno Antlitz, Group Board Member for Finance and IT at VW.

Michael Bruun, EMEA Head of Private Equity at Goldman Sachs Asset Management, told CNBC: “Northvolt’s green battery production and partnership with leading European automotive OEMs will be critical to enabling the energy transition in Europe, and the additional capital raised can accelerate the implementation of the company. “

Northvolt batteries are based on “a different chemistry” than Tesla’s and performance is becoming increasingly similar, said Carlsson, who was Tesla’s vice president of supply chain in Palo Alto between 2011 and 2015.

Making the batteries sustainable is one of Northvolt’s biggest challenges, he added. If the world switched to electric vehicles powered by batteries from coal-based economies like China, it would create a new carbon footprint the size of Spain, Carlsson said. “If we do this on the basis of renewable energy … we can prevent this from happening,” he said.

The company’s main plant is in Sweden and is considering building a second in Germany if enough renewable energy sources are available.

By 2030, the aim is to achieve 150 gigawatt hours of used annual production capacity in Europe.