McKinsey estimates that there's currently 1.5... trillion dollars of capex currently going through federal permitting

Oct 21st (2015) is the date that Marty travels to the future in Back to the Future Part II. That date is now 10 years ago!

Let's take a vote! What do you think? (I'll be giving this same poll live at S&P!) Why aren’t the forward energy markets showing a more upward trend in forward years in the face of projected load growth relative to resource additions?

The current AI boom is pretty crazy.

With that said, some of the environmental criticism has gotten over its skis. The power and (especially) water demands are modest relative to other industries.

NGA And story up here! Senate EPW committee leaders Shelley Moore Capito and Sheldon Whitehouse both tell me the governors’ push on permitting reform is “very helpful” though Whitehouse still cautions it’s not enough yet to “offset” Trump moves against solar/wind subscriber.politicopro.com/article/2025/1…

Bill Gates's thoughts on climate change and poverty are actually pretty insightful. The thing about poor countries wrecking their own economies and/or agricultural sectors chasing climate change goals (mostly enriching the elite) is so tragic. gatesnotes.com/home/home-page…

Casey Means wrote about how she channelled moon magic, spoke to trees, and engaged in “indigenous wisdom.” Casey Means even used a spiritual medium and psychedelics to align herself with spiritual powers and connect herself to the spiritual realm. Now, notice how many Christians

Very important work here. All those who claim that wind and solar bring down prices need to differentiate if prices are coming down because the market wants renewables (good) or if the government is mandating them (bad).

ME: Permitting vibes good again? A push by governors adds momentum. EPW Chair Capito tells me govs' pitch has "contours" of what EPW/ENR leaders are discussing. ENR ranker Heinrich "encouraged" by talks w/Chair Lee, who notes easing historic preservation law could help wind/solar

It’s amazing how everyone hated cable, so people came up with an alternative at a cheaper price. Then those people raised the price, found ways to not work together and now have worse products than cable.

It's remarkable since that is certainly above the strike price for many other loads to engage in flexibility. Seems ripe for a market in flexibility!

50+ mw batteries are incoming to a grid near you (well, Texas mostly but eventually)

Oh man this Amazon complaint against OR's PacifiCorp has it all. 1. a reminder of the how poorly American cost-of-service regulation squares to the moment 2. a showcase of monopoly power vs. customers 3. A blaring 🚨 about stranded capital in AI sector 🧵

Sen. McCormick is beckoning New Yorkers upset with Mamdani’s election to Pennsylvania…

what if most of our social media outrage is simply due to people who cannot read or add

Adam Ozimek Yes agree. Judged by exposure, it's the *lowest* AI exposure occupations that have seen the greatest unemployment rate rise since the U rate troughed, followed by the highest.

Critical that we get Americans to internalize this information

I think this is genuinely evil.

The penny is being discontinued. There is also a sign at self checkout asking to please use exact change, for there is a penny shortage.