“The Competitive Enterprise Institute is leading a coalition of free market advocates attempting to organize support to stop the IRA’s obscene and consumer abusive funding. In response, the Biden (mis)Administration is attempting to shovel IRA funding out the door as fast as it can to contractually shield it.”

Early this month, Lucas Davis, a Professor in Business and Technology at the Haas School of Business, University of California, Berkeley, published an article titled: How Do We Pump Up the Impact of Heat Pump Subsidies? In April, Professor Davis published a precursor article titled: Why Are Heat Pump Sales Decreasing?

The upshot is that despite Federal rebates of up to $8,000 per the “Inflation Reduction Act,” real-world economics of electric heat pumps are dismal.  Several commenters to the second article aptly summarized why from a consumer perspective.…

“Wind and solar pose inherent problems; especially to the ultra-high electric energy ‘purity’ requirements of AI/data centers. Data centers and AI generally require nine-nines reliability and quality metrics such as voltage, frequency, harmonics, etc.”

Several recent articles have highlighted that artificial intelligence (AI) and data centers are increasing electricity usage, creating concern about adequate supply and its effect on local communities. These articles include:

• Amid explosive demand, America is running out of power

The nation’s 2,700 data centers sapped more than 4 percent of the country’s total electricity in 2022, according to the International Energy Agency. Its projections show that by 2026, they will consume 6 percent.

• Newmark: US data center power consumption to double by 2030

While the hyperscalers typically need 10-14kW per rack in existing data centers, this is likely to rise to 40-60kW for AI-ready racks equipped with resource-hungry GPUs.

“The fix is in with Doug Lewin, whose mission is the eradication of fossil fuels in power generation via the ‘virtual power plant’… Pick your term between ‘energy transformation,’ ‘deep decarbonization,’ Net Zero, Green New Deal.”

Doug Lewin, climate alarmist and PR voice for the Texas renewables industry, posts on social media with the tag line, “Growing jobs, increasing justice, and reducing pollution in Texas.” In his Texas Energy and Power Newsletter, he blamed the state’s current freeze on Global Warming (aka climate change) as follows:

Climate Impacts: We’ve Seen This Movie Before

A few days ago, when the forecasts for Jan. 15 were still at or near freezing, I started feeling like we’ve seen this movie before: warnings of a weakening polar vortex, steadily worsening forecasts each day … This is what happened in February 2021 and December 2022.

“Ameren Corporation claims, putting in SO₂ scrubbers would cost more than securitizing Rush Island’s ‘stranded assets.’ However, Ameren is avoiding what it would fully cost to replace Rush Island’s critically needed and reliable capacity.”

Thomas Jefferson wrote in Volume 4 of  Notes on Virginia:  “With money we will get men, said Cæsar, and with men we will get money.”[1]

Such threats to keeping our constitutional republic are increasingly evident with the weaponization of many Federal Agencies (e.g., the Department of Justice, FBI, etc.), as well as numerous Biden Executive Orders for federal agencies to fight the “existential” threat of anthropogenic global warming (AGW).

These threats, coupled with the plague of “woke” political agendas promoting “Environmental, Social, and Governance” (ESG) and/or “Diversity, equity, and inclusion” (DEI), are forcibly reaching leading “investment management” firms (e.g.,…