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Soaring demand from power-hungry AI is derailing Biden’s green energy transition
Opinion by David Blackmon • 19h •


Concerns are growing among energy analysts, executives, and media outlets covering the energy space about the feasibility of the Biden administration’s efforts to subsidize an energy transition from fossil fuels to renewables into reality. Big power demands to supply electric vehicle (EV) recharging, crypto mining operations, and renewable industrial growth needs were already straining the capacities of America’s regional power grids. But now, the explosive growth of AI and its insatiable thirst for electricity threatens to overwhelm them.


These factors put at risk the central planning conceit that the government can overrule market forces through a combination of heavy debt-funded subsidies for renewables and electric cars combined with a withering flood of regulations designed to limit the energy choices of manufacturers and consumers. Despite the federal, state, and local governments having poured hundreds of billions of subsidy dollars into renewables and EVs over the past quarter century, the growth pace of those alternatives has never managed even to match incremental increases in demand.

The advent of new technologies like AI and the power demands of their own industries now threaten to not just overwhelm renewables growth, but also derail Biden administration efforts to force more coal and natural gas power plants into retirement via costly new regulations. Grid managers and state regulators are already working to extend permits to extend the lives of these reliable baseload plants to accommodate the growth of AI-related data centers in their jurisdictions.

https://www.msn.com/en-us/money/markets/soaring-demand-from-power-hungry-ai-is-derailing-biden-s-green-energy-transition/ar-BB1mjFGv?ocid=widgetonlockscreen&cvid=dc45435ae40c4cb281e9d418e9bcc0c6&ei=61
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NYPD Blasts AOC, Says Officers Will Teach Mob Consequences
Story by Andrew Sanders • 12h
 
Protesters who established a camp at Columbia University in New York City to oppose Israel's conflict with Hamas in Gaza faced intervention from the New York Police Department when the university permitted law enforcement on campus.

https://www.msn.com/en-us/news/us/nypd-blasts-aoc-says-officers-will-teach-mob-consequences/ss-BB1mkrQH?ocid=widgetonlockscreen&cvid=dc45435ae40c4cb281e9d418e9bcc0c6&ei=48#image=1
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California / California’s Workers Now Want $30 Minimum Wage
« Last post by rangerrebew on Today at 10:53:58 am »
California’s Workers Now Want $30 Minimum Wage
©Image Credit: United Liberty

In a recent report by the Market Gains channel, the host shared about the issue of minimum wage in California. Just a month ago, the state implemented a $20 minimum wage, a move celebrated by many workers. However, the initial optimism has given way to concerns as massive layoffs sweep through various industries.

https://www.msn.com/en-us/money/markets/california-s-workers-now-want-30-minimum-wage/ss-BB1mjJ4I?ocid=widgetonlockscreen&cvid=dc45435ae40c4cb281e9d418e9bcc0c6&ei=41
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Apparently, we learned nothing from the Japanese car invasion of the 1970s. The trade barriers ruined the US auto industry because the trade barriers meant they did not have to compete. So Detroit built a lot of crappy cars like the Ford Pinto and the Chevy Vega and Corvair. Ultimately, the barriers had to be lifted because we could not build globally competitive vehicles.

Have you looked at the prices of new cars lately?  Why wouldn't we want some competition so that people can have affordable transportation? The trade barriers on this car will just mean that people in other countries will have access to more cars at better value than we in the USA are. That is pathetic.

Hmph. You make some good points.

Edit: however, the fact that their government subsidizes the shit out of these to me says that the trade barriers are possibly justified in this case.
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World News / Re: Ukraine 4
« Last post by Hoodat on Today at 06:12:26 am »
"Liberators and protectors", as one poster here put it.


https://twitter.com/ukraine_world/status/1789670737596272953
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