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When Uncle Sam Turns Venture Capitalist, What Could Go Wrong?
When Uncle Sam Turns Venture Capitalist, What Could Go Wrong?
Authored by James Varney via RealClearInvestigations,
The battery recycler Ascend Elements was riding high in 2023, flush with hundreds of millions of dollars in federal funding.
The seed money provided to the Massachusetts company, which launched in 2017, was one of several large bets the Biden administration placed on the green future as it essentially created a venture capital arm at the Department of Energy and other agencies. In the movies, VCs almost always score big through their early investments in future...
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Jun 21, 2026 / Tyler Durden
Vance In Switzerland As High-Stakes Iran Talks Get Underway: What We Know So Far
Vance In Switzerland As High-Stakes Iran Talks Get Underway: What We Know So Far
Qatar's Foreign Ministry has formally confirmed the launch of the talks between the United States and Iran with the mediation of Qatar and Pakistan in Switzerland, with the Iranian delegation headed by Parliament Speaker Mohammad Bagher Ghalibaf and Foreign Minister Abbas Araghchi.
US Vice President JD Vance is leading the American side along with envoy Steve Witkoff. Also gathered at the Buergenstock Resort Lake Lucerne, near Stansstad, are Pakistan's Chief of Army Staff Field Marshal Asim Munir,...
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Sep 16, 2026 / Tyler Durden
Vance Seeks To Assure Trump Base Iran War Entering "Much Different Phase"
Vance Seeks To Assure Trump Base Iran War Entering "Much Different Phase"
Vice President JD Vance - who was said to have opposed launching Operation Epic Fury from the beginning - has issued some fresh statements on the future of the Iran conflict which sound a bit off-rampy.
He could just be voicing his own wishful thinking, however, in proclaiming the conflict will soon enter "a much different phase" in the coming months. He still conceded that ultimately it's the Commander-in-Chief who decides when it will end (though it would be...
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Jul 21, 2026 / Tyler Durden
Data Centers Were Responsible For 46% Of PJM's Last Four Capacity Auction Costs
Data Centers Were Responsible For 46% Of PJM's Last Four Capacity Auction Costs
By Ethan Howland of UtilityDive
Data centers are responsible for $6.3 billion, or 38%, of the $16.4 billion in charges from the PJM Interconnection’s just-held capacity auction, Joseph Bowring, president of Monitoring Analytics, said in an email to Utility Dive. Monitoring Analytics is the grid operator’s independent market monitor.
In PJM’s last four base capacity auctions, data center-driven capacity charges totaled $29.4 billion — 46% of the $63.6 billion in total capacity charges in that period, Bowring said. Monitoring...
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