Let be a field of characteristic zero and let be a Landweber exact formal group law. We consider a Landweber exact -spectrum and its effective cover with respect to Voevodsky’s slice tower. The coefficient ring of is the subring of consisting of elements of of non-positive degree; the power series has coefficients in although is not necessarily Landweber exact. We show that the geometric part $X\mapsto f_0^(X):=(f_0)^{2,}(X)f_0$ is canonically isomorphic to the oriented cohomology theory $X\mapsto R_0 \otimes_{} \Omega^(X)\Omega^*$ is the theory of algebraic cobordism, as defined by Levine-Morel. This recovers results of Dai-Levine as the special case of algebraic -theory and its effective cover, connective algebraic -theory.

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