The mega AI bubble

6 June 2026 at 14:53

A frenzied scramble for a stake in AI has set off a mega IPO boom, with abundant liquidity and hype driving valuations to extraordinary levels. As prices begin to fall, investor capital and pension savings are increasingly at risk.

S.E.C. Proposes to Kill Climate Change Disclosure Rule

NYT - Energy & Environment

By: Maxine Joselow

31 May 2026 at 17:10

The regulation would have required all publicly traded companies to disclose whether they faced significant risks from climate change and its effects.

An oil drilling site in Wyoming. The S.E.C. rule would have required companies to disclose their contributions to climate change and the risks they faced from a warming planet.

Ofgem should tell it straight: electricity prices are set to stay high for years | Nils Pratley

The Guardian - Energy

By: Nils Pratley

26 May 2026 at 08:00

Regulator could do us all a favour with clear multi-year forecasts and breakdowns of electricity pricing

It is easy to predict where the energy regulator will set the next quarterly price cap on Wednesday. It’s just a matter of tracking wholesale prices in Ofgem’s relevant backward-looking “observation period”. Energy consultant Cornwall Insight thinks the typical household bill be £1,850, an increase of £209 from the previous quarter. It will be surprising if it is out by more than a few quid.

One can also make a fair guess at the regulator’s messaging. It will talk about the unavoidable impact from the surge in energy prices that followed the closure of the strait of Hormuz. It may also say the increase would be even greater than 13% without the additional wind and solar generation on the system these days. Fair enough. Gas sets the wholesale price of electricity only 60% of the time now, down from 90% not long ago.

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