*By Alisha Haridasani*
California, the state most aggressively pursuing clean energy policies, became the first in the country to require almost all new homes have solar panels.
The new rule, adopted by the California Energy Commission on Wednesday, will apply to all residential buildings up to three stories tall built after January 1, 2020.
This change in the building code is expected to add around [$10,000](http://www.energy.ca.gov/title24/2019standards/documents/2018_Title_24_2019_Residential_Standards.pdf) to the cost of a new home. But the commission [estimated](http://www.energy.ca.gov/releases/2018_releases/2018-05-09_building_standards_adopted_nr.html) the panels could save home owners around $80 a month on utility bills, and will slash greenhouse gas emissions “by an amount equivalent to taking 115,000 fossil fuel cars off the road.”
The requirement is part of California’s push to get half the state's electricity from renewable sources by 2030. The state already relies on renewables for around 25 percent of its electricity, and it is expected to rise to around 33 percent by 2020.
The California Building Standards Commission must formally adopt the rule, which it is expected to do, said Mark Kaufman, Mashable’s science reporter. “California is really keen on solar, just like Texas is really keen on wind,” Kaufman said.
Shares of solar companies, such as SunRun and First Solar, rallied on Thursday.
Catching you up on what you missed in today's news. Elon Musk has increased his commitment to purchase Twitter to $33.5 billion, Apple is raising its hourly wages for retail stores to compete for talent, and Roblox has announced that it will be partnering with the medically prescribed video game ‘Endeavor’ to help treat patients with ADHD.
After learning that the suspect in the Uvalde school shooting posted about his intentions on Facebook, activists are urging social networks to make changes. Lena Derhally, a licensed psychotherapist and author of "The Facebook Narcissist," joined Cheddar News to discuss the role social media plays in school shootings. "They're not really invested in taking down hateful content," she said about social platforms."In regards to the shooting, it was 15 minutes before that actual threat. It would be pretty hard for a social media company to trace that threat that quickly. But what they can do better is take down threats and hateful content much faster and more than they're doing now."
Esper Bionics CEO Dima Gazda breaks down how they're creating a mind-controlled bionic hand that guest smarter the more you use it, and what this innovation means for the future of the prosthetics industry.
On this episode of Cheddar Innovates: Brightseed Co-Founder breaks down what plant bioactives are, and how they're using the latest technology to study human's biological connections with plants; Esper Bionics CEO breaks down how they re creating a mind-controlled bionic hand that guest smarter the more you use it; Cheddar gets a look at Curiosity Stream's 'Capturing A Black Hole In Our Milky Way.'
The crypto industry is still reeling from Terra's recent crash. The company's blockchain was temporarily halted earlier this month after the collapse of its cryptocurrency Luna (LUNA) and its stablecoin TerraUSD (UST), which led to almost $45 billion being wiped from the tokens' market caps within a week. Now, many are left wondering what Terra's struggles mean for the broader crypto market. Reeve Collins, CEO of the NFT platform BLOCKv, joins Cheddar News' Closing Bell from Davos 2022 to discuss.
China's largest ride-hailing company will no longer be listed on the world's largest stock exchange. Didi shareholders voted on Monday to delist from the New York Stock Exchange, less than a year after launching a $4.4 billion IPO with the most significant U.S. share offering by a Chinese company since Alibaba debuted in 2014. Since going public in June of last year, around $70 billion has been wiped from Didi's market value and shares of the company have dropped nearly 90%. Now, Didi is expected to begin preparations to list in Hong Kong. Kevin T. Carter, founder and Chief Investment Officer of EMQQ Global, joins Cheddar News' Closing Bell to discuss.
