Now They Think Babies Can Be Racist...

Chinese Grid Operators Resist Plans To Boost Renewables To Power AI Authored by Charles Kennedy via OilPrice.com, Grid operators are concerned that the Chinese drive to hike the share of renewable electricity powering AI would raise the risks for power firms as peak demand at data centers is difficult to forecast. Industry analysts and officials have told Reuters that the Chinese strategic priority of having renewables power the majority of electricity demand at data centers by 2030 may not be feasible. “From what we understand, they (data centers) cannot really adjust power consumption load much,”...

From Leverage To Liability: The Hormuz Strait Is Now Iran's Biggest Weakness Authored by Daniel Lacalle, For half a century, the Strait of Hormuz was Iran’s weapon. Today, it is its noose. The mathematics of energy have flipped, and with them the balance of coercive power in the Persian Gulf. Iran’s implicit deterrent was geographic, spanning from the tanker wars of the 1980s to the sanctions standoffs of the 2010s. Almost 20% of global seaborne oil, and a similar share of liquefied natural gas, passes through the Strait. The formula was simple:...

Generational Crisis! Nearly A Third Of US Adults Under 35 Are Still Living With Their Parents Authored by Michael Snyder via The Economic Collapse blog, Americans that are over the age of 55 control approximately 73 percent of all wealth in the United States. Americans that are age 55 or younger control just 27 percent of all wealth in the United States. Never before in history has there been a generational divide of this magnitude. One of the reasons why there is such a generational divide is because housing has become so insanely...