Category Archives: Energy markets

America’s Grid is Nearing Its Breaking Point

In another testament to lack of managerial competence, worries about US grid stabilty rise in the face of AI demand, yet little is being done

U.S. Utilities Put in a No-Win Position by Phantom Data Centers

AI players are gaming utilities, and creating high odd of bad outcomes for other customers, by making duplicate orders for power.

Farcical Visions of Competitiveness in the EU

What will stop these maniacs first? A popular revolt putting them in padded cells or Russian strikes?

Our Coming Arab Springs?

Resource stresses are rising in many parts of the world. How long before we see political ruptures, including on a Arab Spring level?

Data Centers Consume Massive Amounts of Water – Companies Rarely Tell the Public Exactly How Much

Data centers, with AI driving insatiable needs, not only hoover up tons of power but water as well. And water is already a contested resource

How Much Energy Does ChatGPT’s Newest Model Consume?

ChatGPT’s environmental destructiveness is increasing by leaps and bounds.

James Galbraith: From the Fossil-Fuel Civilization Into …? Economics Gets a Biophysical Reality Check

James Galbraith argues that economics can’t keep ignoring that energy and resources for production are no longer abundant and easy to access

The Trump Route in the Southern Caucasus: Setting Events in Motion

The Trump Route for International Peace and Prosperity through Armenia is less about economics, infrastructure, and the Nobel Peace Prize than it is about the US specialty of destabilization.

Michael Hudson: Europe’s Surrender

Michael Hudson returns to current events in an interview with Nima, focusing on what the Trump tariffs deals mean for Europe, the US and BRICS

The China Shock Hits Germany

How China was hollowing out Germany’s manufacturers before the loss of cheap Russian energy made matters worse.

Trump Reaffirms Threat of Even Higher Tariffs on India; Deflationary Shock Risk for Global South

If Trump does not blink on his tariff threat against India over Russia oil buys, could his program kick of deflationary pressures?

Europe’s Energy Future Hinges on Global Powers

The EU’s energy transition goals (and so much else) are becoming increasingly reliant on trade and tariff policies from the US and China.

Unexpected China Factory Contraction Confirms Deflationary Headwinds, Overcapacity

China’s leaders admit to widespread overcapacity, such as in EVs and solar panels. Faillure to solve it could generate Japan-style deflation

Consumers Are Footing the Bill for AI’s Insatiable Appetite for Energy

The energy cost of AI is probaby vastly higher than you realized, and will be showing up soon in your power bills.

South America’s Sovereignty Is Being Lost in Big Tech’s Clouds

How South America and the Global South generally are selling out their automony and the promise of multipolarity for Big Tech convenience