"Having big U.K. meat-eaters cut some of it out of their diet would be like taking 8 million cars off the road," reports the BBC: That's just one of the findings of new research that scientists say gives the most reliable calculation yet of how what we eat impacts our planet.

The Oxford University study is the first to pinpoint the difference high- and low-meat diets have on greenhouse gas emissions, researchers say... [Oxford University] professor Peter Scarborough, who is part of the Livestock Environment And People project surveyed 55,000 people who were divided into big meat-eaters, who ate more than 100g of meat a day, which equates to a big burger, low meat-eaters, whose daily intake was 50g or less, approximately a couple of chipolata sausages, fish-eaters, vegetarians and vegans... The research shows that a big meat-eater's diet produces an average of 10.24 kg of planet-warming greenhouse gasses each day. A low meat-eater produces almost half that at 5.37 kg per day. [Fish diet: 4.74 kg. "Vegetarian" diet: 4.16 kg] And for vegan diets — it's halved again to 2.47 kg a day.

The analysis is the first to look at the detailed impact of diets on other environmental measures all together. These are land use, water use, water pollution and loss of species, usually caused by loss of habitat because of expansion of farming. In all cases high meat-eaters had a significantly higher adverse impact than other groups...

A separate study also published in Nature Food in 2021 concluded that food production was responsible for a third of all global greenhouse gas emissions. And an independent review for the Department for the Environment Food and Rural Affairs (Defra) called for a 30% reduction in meat consumption by 2032 in order to meet the UK's net zero target.
"The meat industry said the analysis overstated the impact of eating meat."

Thanks to long-time Slashdot reader beforewisdom for sharing the article.

Slashdot reader sonlas writes: The government's green energy plans faced a setback as the Norfolk Boreas offshore windfarm project by Vattenfall was halted due to soaring supply chain costs and rising interest rates. Vattenfall's chief executive Anna Borg said: "It's important to understand that our suppliers are being squeezed. They have problems in their supply chain so it's not so easy to mitigate these situations."

The 40% increase in expenses was driven by high global gas prices impacting manufacturing costs, making the project unprofitable. The decision to halt work on the Norfolk Boreas windfarm has cost Vattenfall £415 million, but Borg said the move was "prudent" given the impact of costs on the project's future profitability.

In a related news, energy majors BP and TotalEnergies have won a 7GW offshore wind site auction in Germany worth a record $14.1 billion. However, even back in 2022 market experts were warning governments that those additional costs for energy producers have negative impacts. It is important to bear in mind that negative bidding places extra financial burdens on wind farm developers. These additional costs need to be transferred to someone else, either to consumers through increased energy bills or to suppliers, as the developers have less money to invest in the turbines.

Those two news are related in the sense that what has been shown so far is that in a world where fossil fuels are cheap and abundant, renewables, and especially offshore windfarm, are cheap and easy to deploy. However, signs are pointing toward a world where fossil fuels supply is not as cheap and abundant as expected, and that may have an impact on plans made by governments to reach Net Zero, or to even just reduce their CO2 emissions.

An anonymous reader shared this report from CNBC: Sam Bankman-Fried's younger brother, who was a top lobbyist for failed crypto exchange FTX, considered purchasing the island nation of Nauru in the Pacific to create a fortified apocalypse bunker state, a lawsuit filed in Delaware bankruptcy court shows.

Gabe Bankman-Fried was looking at buying Nauru in the "event where 50%-99.99% of people die" to protect his philanthropic allies and create a genetically enhanced human species, according to the suit filed Thursday by attorneys from Sullivan & Cromwell, which is seeking to recover billions of dollars following the collapse of FTX... Along with an unnamed philanthropic officer of FTX, Gabe Bankman-Fried considered buying Nauru, in part to foster "sensible regulation around human genetic enhancement, and build a lab there...."

In addition to serving as a haven in case of apocalypse, "probably there are other things it's useful to do with a sovereign country, too," according to a memo between the younger Bankman-Fried and the philanthropic advisor, which was noted in the suit.
"A representative for Nauru confirmed the island nation was not and has never been for sale."

An anonymous reader shared this report from Axios: Over 20% of the U.S.' population — 80 million people — are expected to face an air temperature or heat index above 105 degrees Fahrenheit this weekend as a record-breaking heat wave persists over most of the South, the National Weather Service (NWS) warns...

The extreme temperatures, which have been exacerbated by human-caused climate change, will come after several days of excessive heat and will be an immediate risk to public health... Heat index is what the temperature feels like to the human body when relative humidity is combined with the air temperature, and indices 103 degreesF or above can lead to dangerous heat disorders.

"Dozens" of temperature records could break across the Southern U.S., including overnight highs, the NWS said... About 115 million people in over a dozen states from California to Florida were under heat alerts on Thursday morning... The threatening heat is forecast to continue over the Southwest through "at least" July 28 and may expand into other parts of the country...

Global temperatures are hitting unprecedented highs, too, this year amid climate change and global warming. Elevated temperatures are also contributing to Canada's worst fire season on record, in which at least 27.1 million acres have burned across the country so far.
On Wednesday the city of Phoenix, Arizona — population 1.6 million — "experienced its 20th straight day with a temperature of over 110 degreesF," the article points out. And meanwhile Austin Texas (population 960,000) "saw its 10th straight day of temperatures at or above 105 degreesF for the first time in recorded history."

The National Weather Service's advice? "Take the heat seriously and avoid extended time outdoors."

An anonymous reader quotes a report from the BBC: The month of June and the first few days of July were hotter than any in recorded history, according to the World Meteorological Organization (WMO). Residents in the south of the US and southern Europe have been enduring sweltering temperatures, bringing excessive heat warnings, wildfires and plummeting air quality. However, records are not just being broken on land -- but in the water. Global ocean sea surface temperatures were higher than any previous June on record, according to a report by the Copernicus Climate Change Service, with satellite readings in the North Atlantic in particular "off the charts." Last month also set a record at the US National Oceanic and Atmospheric Administration (NOAA) for the biggest difference between expected and actual sea surface temperatures. Water temperatures around Florida, in particular, have been particularly warm. Scientists have also been tracking a large ongoing marine heatwave off the west coast of the US and Canada since it formed in May.

While the heatwave has since lessened in the north-east Atlantic, according to non-profit science organization Mercator Ocean International, another in the western Mediterranean now appears to be intensifying, particularly around the Strait of Gibraltar. This week, sea surface temperatures along the coasts of Southern Spain and North Africa were 2-4C (3.6-7.2F) higher than they would normally be at this time of year, with some spots 5C (9F) above the long-term average. Extreme marine temperatures have also recently been observed around Ireland, the UK and in the Baltic Sea, as well as areas near New Zealand and Australia. More recently, scientists suspect a possible heatwave south of Greenland in the Labrador Sea. "We are having these huge marine heatwaves in different areas of the ocean unexpectedly evolve very early in the year, very strong and over large areas," says Karina von Schuckmann, an oceanographer at Mercator Ocean.

Carlo Buontempo, director of the European Union's Copernicus Climate Change Service, says scientists expect big temperature variations in the Pacific Ocean associated with the El Nino weather pattern, a phase of planet-warming weather which is just beginning, although NOAA is monitoring a large heatwave in the Gulf of Alaska that has been sitting offshore since late 2022. But what we're currently seeing in the North Atlantic is "truly unprecedented", says Buontempo. Scientists are still trying to unravel its full causes. [...] More broadly, experts say the persistence of recent marine heatwaves is a worrying sign about how climate change is unfolding, alongside heatwaves on land, unusual melting of snow cover in the Himalayas and a loss of sea ice. Von Schuckmann notes that, even if humans stopped pumping CO2 into the air tomorrow, the oceans would continue to warm up for many years yet. "I am concerned as a climate scientist that we are further than we thought we are."

Earlier this week, Meta announced it has teamed up with Microsoft to launch Llama 2, its "open-source" large language model (LLM) that uses artificial intelligence to generate text, images, and code. In an opinion piece for The Register, long-time ZDNet contributor and technology analyst, Steven J. Vaughan-Nichols, writes: "Meta is simply open source washing an open but ultimately proprietary LLM." From the report: As Amanda Brock, CEO of OpenUK, said, it's "not an OSI approved license but a significant release of Open Technology ... This is a step to moving AI from the hands of the few to the many, democratizing technology and building trust in its use and future through transparency." And for many developers, that may be enough. [...] But the devil is in the details when it comes to open source. And there, Meta, with its Llama 2 Community License Agreement, falls on its face. As The Register noted earlier, the community agreement forbids the use of Llama 2 to train other language models; and if the technology is used in an app or service with more than 700 million monthly users, a special license is required from Meta. Stefano Maffulli, the OSI's executive director, explained: "While I'm happy that Meta is pushing the bar of available access to powerful AI systems, I'm concerned about the confusion by some who celebrate LLaMa 2 as being open source: if it were, it wouldn't have any restrictions on commercial use (points 5 and 6 of the Open Source Definition). As it is, the terms Meta has applied only allow some commercial use. The keyword is some."

Maffulli then dove in deeper. "Open source means that developers and users are able to decide for themselves how and where to use the technology without the need to engage with another party; they have sovereignty over the technology they use. When read superficially, Llama's license says, 'You can't use this if you're Amazon, Google, Microsoft, Bytedance, Alibaba, or your startup grows as big.' It may sound like a reasonable clause, but it also implicitly says, 'You need to ask us for permission to create a tool that may solve world hunger' or anything big like that." Stephen O'Grady, open source licensing expert and RedMonk co-founder, explained it like this: "Imagine if Linux was open source unless you worked at Facebook." Exactly. Maffulli concluded: "That's why open source has never put restrictions on the field of use: you can't know beforehand what can happen in the future, good or bad."

The OSI isn't the only open-source-savvy group that's minding the Llama 2 license. Karen Sadler, lawyer and executive director at the Software Freedom Conservancy, dug into the license's language and found that "the Additional Commercial Terms in section 2 of the license agreement, which is a limitation on the number of users, makes it non-free and not open source." To Sadler, "it looks like Meta is trying to push a license that has some trappings of an open source license but, in fact, has the opposite result. Additionally, the Acceptable Use Policy, which the license requires adherence to, lists prohibited behaviors that are very expansively written and could be very subjectively applied -- if you send out a mass email, could it be considered spam? If there's reasonably critical material published, would it be considered defamatory?" Last, but far from least, she "didn't notice any public drafting or comment process for this license, which is necessary for any serious effort to introduce a new license."

T-Mobile has started charging customers who pay phone bills in-store a new $5 "Payment Support Charge," plus tax. According to The Mobile Report, the new fee went into effect on July 19th, though prepaid customers will be charged the fee later on. From a report: In a flier shared with The Mobile Report announcing the change to its employees, T-Mobile implies the reason behind the fee is to help "enable a digital-enabled future." Yet, as Droid Life points out, employee time spent processing payments may mean less time for more profitable endeavors -- like selling phones or add-ons to plans. Plus, it's a sneaky way to encourage more customers to sign up for AutoPay, which conveniently also offers a $5 per line discount if you pay your bill online -- and only if you use a debit card. T-Mobile recently withdrew the benefit from customers who paid bills with a credit card.

Last month was the planet's warmest June since global temperature record-keeping began in 1850, the National Oceanic and Atmospheric Administration said in its monthly climate update on Thursday. From a report: The agency also predicts unusually hot temperatures will occur in most of the United States, almost everywhere except the northern Great Plains, during August. The first two weeks of July were also likely the Earth's warmest on human record, for any time of year, according to the European Union's Copernicus Climate Change Service.

Many daily temperature records were set in June across the Southern United States, particularly in Texas and Louisiana. Temperatures in Laredo, Texas, reached 100 degrees on more than 20 days in June. Austin, El Paso and San Antonio reached triple digits on more than 10 days each. The heat index, which also accounts for humidity, was well past 100 much of the time in all of these cities. Extreme heat can be dangerous for anyone's body, but older people and outdoor workers are at particular risk. Summer heat waves in Europe last year may have killed 61,000 people across the continent, according to a recent study. This year's heat and humidity have been devastating in northern Mexico, where more than 100 people have died of heat-related causes, according to reports from the federal health ministry.

The hack of Microsoft's cloud that resulted in the compromise of government emails was an example of a traditional espionage threat, a senior National Security Agency official said. From a report: Speaking at the Aspen Security Forum, Rob Joyce, the director of cybersecurity at the N.S.A., said the United States needed to protect its networks from such espionage, but that adversaries would continue to try to secretly extract information from each other. "It is China doing espionage," Mr. Joyce said. "It is what nation-states do. We have to defend against it, we need to push back against it. But that is something that happens."

The hackers took emails from senior State Department officials including Nicholas Burns, the U.S. ambassador to China. The theft of Mr. Burns's emails was earlier reported by The Wall Street Journal and confirmed by a person familiar with the matter. Daniel J. Kritenbrink, the assistant secretary of state for East Asia, also had his email hacked, a U.S. official said. The emails of Commerce Secretary Gina Raimondo were also obtained in the hack, which was discovered in June by State Department cybersecurity experts scouring user logs for unusual activity. Microsoft later determined that Chinese hackers had obtained access to email accounts a month earlier.

An anonymous reader quotes a report from Ars Technica: AT&T's legacy telephone network may have nearly 200,000 miles of lead-covered cables, according to an estimate by AT&T submitted in a court filing. "Based on its records, AT&T estimates that lead-clad cables represent less than 10 percent of its copper footprint of roughly two million sheath miles of cable, the overwhelming majority of which remains in active service," AT&T wrote in a court filing yesterday in US District Court for the Eastern District of California. "More than two thirds of its lead-clad cabling is either buried or in conduit, followed by aerial cable, and with a very small portion running underwater. There are varying costs of installation, maintenance, and removal by cable type (aerial, buried, buried in conduit, underwater)."

Reacting to the court filing, financial analyst firm Raymond James & Associates wrote in a research note, "AT&T is telling us that the total exposure is 200,000 route miles or less." With about two-thirds of the lead cables either buried or installed inside conduit, "We believe the implication for AT&T's data is that the route miles that should be addressed most immediately is about 3.3 percent (or less)," the analyst firm wrote. AT&T's new court filing came in a case filed against AT&T subsidiary Pacific Bell by the California Sportfishing Protection Alliance (CSPA) in January 2021. The sportfishing group sued AT&T over cables that are allegedly "damaged and discharging lead into Lake Tahoe."

The two underwater cables run along the bottom of the western side of Lake Tahoe for a total of eight miles. AT&T "contends that it stopped using the Cables in or around the 1980s or earlier, that the Easements therefore have terminated, and that Defendant no longer owns the Cables," according to a November 2021 settlement. AT&T agreed in that settlement to remove the cables but now says it is at an "impasse" with the CSPA regarding removal. "In this matter, AT&T has always maintained that its lead-clad telecommunications cables pose no danger to those who work and play in the waters of Lake Tahoe, but in 2021, AT&T agreed to remove them simply to avoid the expense of litigation," an AT&T lawyer at the firm Paul Hastings wrote yesterday in a letter to the plaintiff that was attached to the court filing. [...]

AT&T's stance that it won't remove the Lake Tahoe cables any time soon is apparently a surprise to the plaintiff. The CSPA said in a court filing last week that in a Zoom meeting on July 10, "AT&T confirmed that it is prepared to commence the removal process on September 6, 2023, as long as the new permit request that AT&T submitted to State Parks in May is approved by State Park." AT&T's filing said the company never "confirmed" that it is prepared to start the cable removal process on September 6. The CSPA argues that the lead-covered cables "have leached, are leaching, and will continue to leach lead into the waters of Lake Tahoe, and that such leaching may present an imminent and substantial endangerment to human health or the environment." Last week, the Wall Street Journal published an investigative report that found evidence of more than 2,000 lead-covered telephone cables installed across the U.S. Teleco stock prices plummeted as a result, since the remediation could cost the telecom industry $60 billion.

While members of Congress are putting pressure on telecom companies to act, AT&T does appear to be taking new actions as a result of the investigation. "AT&T is working with union partners to add a voluntary testing program for any employee who works with or has worked with lead-clad cables," which "expands on AT&T's previous practice of providing blood-lead testing for technicians involved in lead-clad cable removal," the company said in its letter to the plaintiff yesterday. AT&T said it is also conducting new testing and site visits at certain locations.

AT&T's stock slid to a 30-year low following the news.

An anonymous reader quotes a report from PBS: An IRS plan to test drive a new electronic free-file tax return system next year has got supporters and critics of the idea mobilizing to sway the public and Congress over whether the government should set up a permanent program to help people file their taxes without needing to pay somebody else to figure out what they owe. On one side, civil society groups this week launched a coalition to promote the move toward a government-run free-file program. On the other, tax preparation firms like Intuit -- the parent company of TurboTax -- and H&R Block have been pouring millions into trying to stop the idea cold. The advocacy groups are exponentially out-monied.

An April AP analysis found that overall, Intuit, H&R Block, and other private companies and advocacy groups for large tax preparation businesses, as well as proponents in favor of electronic free file, have reported spending $39.3 million since 2006 to lobby on "free-file" and other matters. Federal law doesn't require domestic lobbyists to itemize expenses by specific issue, so the sums are not limited to free-file. Intuit spent at least $25.6 million since 2006 on lobbying, H&R Block about $9.6 million and the conservative Americans for Tax Reform roughly $3 million. In contrast, the NAACP has spent $140,000 lobbying on "free-file" since 2006 and Public Citizen has spent $110,000 in the same time frame. "What we have on our side is public opinion," said Igor Volsky, executive director of the liberal Groundwork Action advocacy group. Volsky's organization and leaders from Public Citizen, the Center for the Study of Social Policy, Code for America, the Economic Security Project and others launched the "Coalition for Free and Fair Filing" on Wednesday. The group's mission is to "ensure all U.S. taxpayers can easily file tax returns and get the tax credits they deserve by safeguarding and expanding" the new IRS program. "The overwhelming majority of people demand a free-file option," Volsky said. "Now the question for us is how do you channel that into effective political pressure."

The IRS in May released a report that said most taxpayers are interested in filing their taxes directly to the IRS for free, and concurrently announced plans to launch the pilot program for the 2024 filing season. The goal is to test a direct file system that will help the IRS decide whether to move forward with a more permanent program. That idea has faced the immediate threat of budget cuts from congressional Republicans. Republicans on the House Appropriations Committee in June proposed a budget rider that would prohibit funds to be used for the IRS to create a government-run tax preparation software, unless approved by a group of House and Senate committees. The move "safeguards the IRS from an obvious conflict of interest where the tax collector becomes the tax preparer," the bill's summary states.

The price of an individual YouTube Premium subscription is increasing by $2 to $13.99 per month in the US for new and current customers. From a report: This price increase is live for new subscribers as seen on youtube.com/premium. Instead of $11.99, YouTube Premium now costs $13.99/month. Meanwhile, it's $18.99 if you're subscribing from the iOS YouTube app. Toward the end of last year, family Premium plans saw a big hike to $22.99/month. That remains the same today. The annual subscription, which was introduced in January of 2022, goes to $139.99 in a $20 increase. Compared to paying monthly, you save $27.89.

Apple says it will remove services such as FaceTime and iMessage from the UK rather than weaken security if new proposals are made law and acted upon. From a report: The government is seeking to update the Investigatory Powers Act (IPA) 2016. It wants messaging services to clear security features with the Home Office before releasing them to customers. The act lets the Home Office demand security features are disabled, without telling the public.

Under the update, this would have to be immediate. Currently, there has to be a review, there can also be an independent oversight process and a technology company can appeal before taking any action. Because of the secrecy surrounding these demands, little is known about how many have been issued and whether they have been complied with. But many messaging services currently offer end-to-end encryption - so messages can be unscrambled by only the devices sending and receiving them.

The U.S. Federal Reserve has launched a long-awaited service which will aim to modernize the country's payment system by eventually allowing everyday Americans to send and receive funds in seconds, 24 hours a day, seven days a week, the central bank announced on Thursday. From a report: The "FedNow" service, which has been in the works since 2019, will seek to eliminate the several-day lag it commonly takes cash transfers to settle, bringing the U.S. in line with countries including the United Kingdom, India, Brazil, as well as the European Union, where similar services have existed for years. FedNow is launching with 41 banks and 15 service providers certified to use the service, including community banks and large lenders like JPMorgan Chase, Bank of New York Mellon, and US Bancorp, but the Fed plans to onboard more banks and credit unions this year.

The Fed said on Thursday in a statement that 35 banks and credit unions were currently utilizing the service, as well as the Treasury Department's Bureau of Fiscal Service. The service will compete with private sector real-time payments systems, including The Clearing House's RTP network, and was initially opposed by big banks who said it was redundant. But many have since agreed to participate on the basis FedNow will allow them to expand the services they can offer clients. "For us, FedNow really is a wonderful way of expanding reach," said Anu Somani, head of global payables and embedded payments at U.S. Bank. Unlike peer-to-peer payments services like Venmo or PayPal, which act as intermediaries between banks, payments made via FedNow will settle directly in central bank accounts.

The U.S. has suspended federal funding to China's Wuhan Institute of Virology (WIV) for failing to provide documentation related to concerns over biosafety protocol violations at the facility that has faced questions for years over the origins of the COVID-19 pandemic. From a report: The U.S. Department of Health and Human Services (HHS) also said it wants to bar the Chinese research body from participating in government procurement and non-procurement programs going forward. WIV has not received federal funding from the National Institutes of Health (NIH), the U.S. medical research agency, since July 2020, according to an HHS statement on Wednesday.

Kevin Mitnick, once the so-called "most wanted computer criminal in US history," died on Sunday. He was 59. The New York Times adds: The cause was complications from pancreatic cancer. He had been undergoing treatment at the University of Pittsburgh Medical Center following his diagnosis more than a year ago, according to the King David Memorial Chapel & Cemetery in Las Vegas. After serving prison time for breaking into and tampering with corporate computer networks, he was released in 2000 and began a new career as a security consultant, writer and public speaker.

Mr. Mitnick was best known for the crime spree during the 1990s that involved the theft of thousands of data files and credit card numbers from computers across the country. He used his skills to work his way into the nation's phone and cell networks, vandalizing government, corporate and university computer systems. Investigators at the time named him the "most wanted" computer hacker in the world.

In 1995, after a more than two-year-long manhunt, Mr. Mitnick was captured by the F.B.I. and charged with the illegal use of a telephone access device and computer fraud. "He allegedly had access to corporate trade secrets worth millions of dollars. He was a very big threat," Kent Walker, a former assistant U.S. attorney in San Francisco, said at the time. In 1998, while Mr. Mitnick awaited sentencing, a group of supporters commandeered The New York Times website for several hours, forcing it to shut down. The next year, Mr. Mitnick pleaded guilty to computer and wire fraud as part of an agreement with prosecutors and was sentenced to 46 months in prison. He was also prohibited from using a computer or cellphone without the permission of his probation officer for the three years following his release.
From an obituary: Kevin was an original; much of his life reads like a fiction story. The word that most of us who knew him would use -- magnificent.

He grew up brilliant and restless in the San Fernando Valley in California, an only child with a penchant for mischief, a defiant attitude toward authority, and a love for magic. Kevin's intelligence and delight in holding the rapt attention of audiences revealed themselves early in his childhood and continued throughout his life. In time, he transitioned from pranks and learning magic tricks to phone phreaking, social engineering, and computer hacking.

When his desire to push boundaries led him too far astray, he landed in juvenile detention and eventually served a couple of stints in prison. His time on the FBI's Most Wanted List was well documented in his New York Times bestselling book, The Ghost in the Wires: My Adventures as the World's Most Wanted Hacker, and his other titles: The Art of Deception, The Art of Intrusion, both co-authored with William Simon, and The Art of Invisibility with Robert Vamosi.

Kevin emerged from his final prison term, which he deemed a 'vacation,' in January 2000. He was a changed individual, and began constructing a new career, as a White Hat hacker and security consultant. He became a highly sought-after global public speaker, a writer, and established the successful Mitnick Security Consulting. In November 2011, he became the Chief Hacking Officer and part owner of security awareness training company KnowBe4, founded by close friend and business partner Stu Sjouwerman.

A bipartisan pair of senators unveiled a bill Wednesday to ban stock ownership by lawmakers and administration officials. The Hill reports: The bill, introduced by Sens. Kirsten Gillibrand (D-N.Y.) and Josh Hawley (R-Mo.), would establish firmer stock trading bans and disclosure requirements for lawmakers, senior executive branch officials and their spouses and dependents. The bill would ban congressional members, the president, vice president, senior executive branch members, and their spouses and dependents from holding or trading stocks, with no exception to blind trusts. Congressional members who violate this ban would be required to pay at least 10 percent of the banned investments.

The legislation also establishes harsh penalties for executive branch stock trading, requiring executive branch officials to give up profits from covered finance interests to the Department of Treasury, while also facing a fine from the Automatic Special Counsel. Congressional members, senior congressional staff and senior executive branch employees would also be required to report if they, a spouse or a dependent applies for or receives a "benefit of value" from the federal government, including loans, contracts, grants, agreements and payments. If they fail to file, they will face a $500 penalty.

The bill aims to increase transparency, requiring public databases of personal financial disclosures and financial transaction filings required by the STOCK Act, which prohibits members of Congress from using insider information when buying and selling stocks. The penalty for the failing to file STOCK Act transaction reports would also increase from $200 to $500.

Nasdaq became the latest mainstream financial firm to take a step back from digital assets, aborting its launch of a custodian business in the US due to the shifting business and regulatory environment. From a report: The exchange operator is also halting its efforts to pursue a license related to the business but will continue to build out its technology to handle crypto for clients. "We remain committed to supporting the evolution of the digital asset ecosystem in a variety of ways," including partnerships with potential ETF issuers, Adena Friedman, Nasdaq's chief executive officer, said on the second-quarter earnings call on Wednesday.

Nasdaq pulled back amid a widening crackdown by regulators that aims to isolate crypto's risks from the US financial system. Banks have been warned about their exposure to crypto businesses, and the US Securities and Exchange Commission has filed a series of lawsuits against some of the industry's biggest firms, including Binance and Coinbase Global. Among the concerns are risks that could topple a federally insured bank, as well as the failure of some crypto platforms to separate different parts of their businesses, such as custody, market-making and trading, which could result in conflicts of interests.

An anonymous reader quotes a report from CBC.ca: A government program meant to attract highly skilled tech workers from the U.S. closed for applications the day after it launched when it hit its maximum number of applicants. Last month, Immigration Minister Sean Fraser announced a new work permit for H-1B visa holders in the U.S. -- part of a larger federal government strategy to poach talent from abroad. H-1B visas allow foreign nationals to work temporarily in the U.S. in certain specialized occupations, including some in the technology sector. Tech companies went on a hiring binge during the pandemic but have since starting laying people off in large numbers. That has left a lot of H-1B visa holders scrambling to find new jobs before they're forced to leave the U.S.

Applications for the work permits opened on Sunday. By Monday the program had reached capacity, with 10,000 applicants bidding for a permit. "This temporary policy will last for 1 year or until we get 10,000 applications (whichever comes first)," the program's website says. The program is a response to massive layoffs in the U.S. tech industry. Since last summer, hundreds of thousands of workers have been laid off from such major firms as Google, Microsoft and Amazon. Fraser said he was watching the situation in the U.S. and saw it as an "opportunity" for Canada when he first announced the program.

Nick Schiavo, director of federal affairs for the Council of Canadian Innovators, said he's not surprised that applications filled up so quickly. He said the government should now consider expanding the program to more applicants. "The more that we can pull from these highly qualified individuals that we know have the work experience, the skill set the better," Schiavo said. "As this program develops, it would be great to see it expanded."

Mary and Gary Freeman, founders of a Florida-based lab supplies company, discovered a rich lithium deposit in Maine while searching for tourmaline, a striking, multi-colored gemstone found in the region. The timing of their find is significant as it could provide the United States with a domestic source of lithium for the clean energy transition and potentially be worth $1.5 billion. However, there's strong opposition to developing a mine. "Maine has some of the strictest mining and water quality standards in the country, and prohibits digging for metals in open pits larger than three acres," reports TIME. "There have not been any active metal mines in the state for decades, and no company has applied for a permit since a particularly strict law passed in 2017." Slashdot reader schwit1 shares an excerpt from the report: "This is a story that has been played out in Maine for generations," says Bill Pluecker, a member of the state's House of Representatives, whose hometown of Warren -- a 45-minute drive from the capital city of Augusta -- recently voted overwhelmingly in favor of a temporary ban on industrial metal mining after a Canadian company came looking for minerals near a beloved local pond. "We build industries based on the needs of populations not living here and then the bottom drops out, leaving us struggling again to pick up the pieces." "Our gold rush mentality regarding oil has fueled the climate crisis," says State Rep. Margaret O'Neil, who presented a bill last session that would have halted lithium mining for five years while the state worked out rules (the legislation ultimately failed). "As we facilitate our transition away from fossil fuels, we must examine the risks of lithium mining and consider whether the benefits of mining here in Maine justify the harms."

The Freemans' point out that they plan to dig for the spodumene, then ship it out of state for processing, so there would be no chemical ponds or tailings piles. They liken the excavation of the minerals to quarrying for granite or limestone, which enjoys a long, rich history in Maine. Advocates for mining in the U.S. argue that, since the country outsources most of its mining to places with less strict environmental and labor regulations, those harms are currently being born by foreign residents, while putting U.S. manufacturers in the precarious position of depending on faraway sources for the minerals they need. Though there are more than 12,000 active mines in the U.S., the bulk of them are for stone, coal, sand, and gravel.

There is only one operational lithium mine in the U.S., in Nevada, and one operational rare earth element mine, in Mountain Pass, Calif., meaning that the U.S. is dependent on other countries for the materials essential for clean energy technologies like batteries, wind turbines, and solar panels. Even after they're mined, those materials currently have to be shipped to China for processing since the U.S. does not have any processing facilities. "If we're talking about critical metals and materials, we're so far behind that it's crazy," says Corby Anderson, a professor at the Colorado School of Mines. "It's the dichotomy of the current administration -- they have incentives for electric vehicles and all these things, but they need materials like graphite, manganese, nickel, cobalt, lithium, and copper. The only one we mine and refine in this country is copper." Further reading: Federal Ruling Approves Construction of North America's Largest Lithium Mine