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Showing posts with the label ELECTRIC GRID CRISIS: AI DATA CENTERS

Private equity and AI companies are taking over our public utilities. I’m not having it.

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  This is a longer note about how private equity executives and AI companies are taking over our country’s electrical grid — but I hope you stay with me, because it directly impacts the utility bills you receive every month. Since President Trump took office a year and a half ago, gas and electricity bills have risen by 11%. And private equity — you know, guys who are gutting hospitals, nursing homes, and local malls — they're on track to make things worse. Let me zoom out for a sec and clarify what’s going on: Right now, our country is using much more energy than before. And don’t let them fool you. It's not because you're keeping the AC on longer or running the dryer too much. That increase is coming from AI data centers sucking up more and more electricity. In fact, according to the International Energy Agency, data center electricity demand worldwide will more than DOUBLE by 2029. And as always, Wall Street smells money. Data centers need a tremendous amount of energy t...

Top News | US Billionaire Wealth Surges to $8.1 Trillion

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  Friday, January 2, 2026 ■ Today's Top News  Democrats Aim to Make GOP Pay as 'Angry' Voters See Health Insurance Premiums Soar "Republican politicians who cut healthcare to pay for more billionaire tax cuts, or to increase profits for their corporate donors, are selling out working families," said Rep. Greg Casar. By Brad Reed The enhanced subsidies for people who buy their health insurance through exchanges established by the  Affordable Care Act  have officially  expired , and Democratic lawmakers are ready to make sure voters know whom to blame going into the  midterm elections . Politico   reported  Friday that while Democrats in Congress are still pushing their Republican colleagues to allow a vote on renewing the enhanced subsidies, they have mostly settled on a political strategy of going scorched-earth on the  GOP  for letting them expire in the first place. RECOMMEND ED... GOP Senators Blasted for Voting to ‘Spike Healthcare C...