Mark Gongloff
@markgongloff.bsky.social
Climate take farmer for Bloomberg Opinion
"One-quarter of men aged 18-29 said they trade stocks daily, and almost two-thirds of them (64%) report feeling like failures ... "The findings were strikingly similar to outcomes among men who gamble" (They're the same picture) Gift link: www.bloomberg.com/news/article...
Some 64% of Young Men Who Trade Stocks Daily Feel Like Failures
Surging retail trading isn’t just transforming markets; it’s also highly correlated with demoralization in young men, according to a new study.
bloomberg.com
The Constitution prohibits cruel and unusual punishment, but Texas is getting away with torturing people to death www.motherjones.com/politics/202...
Heat is killing Texas prisoners, and state leaders won't shell out for AC
The system for choosing who gets a "cool bed" is arbitrary, inadequate, and ineffective,” a judge ruled.
motherjones.com
If states are the laboratories of democracy, then Florida is Walter White’s RV methmobile. It’s cooked up a home-insurance crisis “fix” that only insurance companies could love Gift link to my column for @opinion.bloomberg.com www.bloomberg.com/opinion/arti...
Florida Chooses Insurers and Their Profits Over Homeowners
US states are supposedly the laboratories of democracy, cooking up and testing local solutions to national problems. But some of those labs are more like Walter White’s RV methmobile: They’re not alwa...
bloomberg.com
Hannibal Lecter: The Critics Are Wrong About My Diet
Anybody that actually believes this should remember that his entire administration has been dedicated to thinking of ways to make more money for Big Oil
CNBC@cnbc.com · 2d agoTrump says Exxon and Chevron made 'too much money' off high oil prices during Iran conflict: 'I don't like it'
"The hotter the planet gets, the more chaotic and dangerous its weather will get and the more [home insurance] premiums will become part of the national political conversation ... It wears many disguises, but climate change is always on the ballot."
Mark Gongloff@markgongloff.bsky.social · 5d agoGrocery prices, the Iran war, diarrhea lettuce: These are the obvious midterm issues. But there's another one that could change lives, and it's how climate gets represented in this vote: the home insurance crisis Gift link to my column for @opinion.bloomberg.com www.bloomberg.com/opinion/arti...
The climate crisis is a heat crisis is a drought crisis is a water crisis is an energy crisis www.theguardian.com/world/2026/a...
Romania blasts rock to divert water from drought-hit Danube to nuclear reactor
Hungary and Romania face energy crisis as record-low river levels force atomic power plants to reduce output
theguardian.com
Yet another disaster this summer brought to you by fossil fuels www.cnn.com/2026/08/03/u...
Live updates: Almost 65,000 people evacuated as Spokane County wildfires cause ‘heartbreaking’ devastation | CNN
Hundreds of structures have been destroyed and at least 60,000 people evacuated as crews battle three major wildfires in Spokane County. Follow for live news updates.
cnn.com
$27 BILLION in profits in just three months, for just two oil companies, while Europe and Canada burn and the world swelters. And Congress wants to shield this industry from lawsuits www.commondreams.org/news/exxon-c...
Exxon, Chevron Post $26.5 Billion in Combined Profits as High Gas Prices Pummel Americans | Common Dreams
"While Americans suffer from high prices and the Iran war imposes tens of billions of dollars of new costs on the American public, the oil industry wins big."
commondreams.org
If Musk is shedding Tesla's China ops to cram Tesla inside of SpaceX, he isn't doing it to benefit the companies or shareholders. You get zero guesses who it really benefits Gift link to @liamdenning.bsky.social 's column for @opinion.bloomberg.com www.bloomberg.com/opinion/arti...
Tesla Without China Would Help Musk, Not Its Investors
Elon Musk has denied a Wall Street Journal report that Tesla Inc. might hive off its business in China to facilitate a merger with Space Exploration Technologies Corp. as “absurdly fake news.” Let’s a...
bloomberg.com
Hard to believe how hot it is in so much of Europe. Again.
And the most apt AI bubble comparison isn't 1999 but 2008. That comparison is ... not encouraging. Gift link to @johnauthers.bsky.social column for @opinion.bloomberg.com www.bloomberg.com/opinion/arti...
A Tale of Two Bubbles Defining a Third
The AI craze is getting volatile as investors look more at parallels with 2008 than 1999.
bloomberg.com
Sarah Dougherty@sarahdougherty.bsky.social · 2mo agoI believe we are in a bubble, AI & more broadly. The k-shaped economy where the wealthy are ok and things keep getting harder for the less well off is not sustainable. Basic goods are getting more expensive & many people are really struggling. Trump’s policies are only making fundamentals worse
Five years ago, 80% of New Mexico's energy was generated by coal and gas. Now it's 38%. A massive renewables success story from @climateconnections.bsky.social yaleclimateconnections.org/2026/07/new-...
New Mexico’s clean energy success story » Yale Climate Connections
In just five years, solar, wind, and batteries overtook fossil fuels, keeping air conditioners running while slashing pollution.
yaleclimateconnections.org
Grocery prices, the Iran war, diarrhea lettuce: These are the obvious midterm issues. But there's another one that could change lives, and it's how climate gets represented in this vote: the home insurance crisis Gift link to my column for @opinion.bloomberg.com www.bloomberg.com/opinion/arti...
Home Insurance Is the Stealth Political Issue of 2026
Quick, name a critical issue in this year’s midterm elections using just two words. Many of you probably said “food prices” or “Iran war” or “diarrhea lettuce.” And you might not be wrong. But there’s...
bloomberg.com
So Elon is going to dump the profitable part of Tesla and shove the rest of it inside SpaceX and dare investors to eat it like a rotten turducken
The Wall Street Journal@wsj.com · 5d agoSome Tesla executives have been told to prepare for a separation of the China business ahead of a potential SpaceX merger, a person familiar with those talks said. Tesla advisers have discussed possible options for a separation, including a spinoff, sale or closure, another person said.
This is the way: Cincinnati is preparing itself to be climate resilient and also absorb hundreds of thousands of climate refugees www.nytimes.com/2026/07/30/c...
A City With a Plan
Cincinnati wants to take in people fleeing climate disasters. Plus, the latest on fires in Europe.
nytimes.com
No Wall Street hasn't become a casino at all, why do you ask www.bloomberg.com/news/article...
Microsoft Eyes History With $490 Billion Pop in Market Value
Microsoft Corp. is on track to record the largest one-day increase in market value for any stock in history.
bloomberg.com
Here's a story to show climate deniers and delayers who argue the US shouldn't bother cutting emissions because China isn't Gift link: www.bloomberg.com/news/article...
China Crosses Energy Milestone as Coal Falls Below 50% of Power
Less than half of China’s electricity came from coal in the first six months of the year for the first time, a symbolic milestone in the country’s shift toward cleaner energy.
bloomberg.com
Blue states also provide a net $443 billion in federal taxes per year, while red states take a net $212 billion. The blue states as usual are heavily subsidizing the red, and now aren't even getting government services for their money usafacts.org/articles/whi...
Which states contribute the most and least to federal revenue? | USAFacts
In 2024, Californians paid about $275.6 billion more to the federal government than they received.
usafacts.org
Murshed Zaheed@murshedz.bsky.social · 7d ago“Trump has rejected disaster aid for Democratic-run states at the highest rate in the 47-year history of the Federal Emergency Management Agency.” Right now people in blue states are basically paying federal taxes as if they’re colonized territories of red states. www.politico.com/news/2026/03...
Really interesting story here. You know how the hyperscaler cowboys are powering their data centers with gas turbines? It turns out the demands of AI are not very friendly to those turbines. They're supposed to last 5+ years & instead they're wearing out in under 12 months!
Harriet Weber@harri.bsky.social · 7d agoHere's the deal with the pre-review study Tesla funded on turbine carnage. This is my first piece on the Data Centers Breaking Things beat. TLDR; AI training is wearing out, even breaking, a critical source of energy for AI training www.investors.com/news/turbine...
"With great sorrow, we are able to watch as the Earth is rebuilt into a different, warmer planet." - @andrewdessler.com wrote this about the wildfires and extreme climate events in 2020, but it's even more relevant more than six years later open.substack.com/pub/theclima...
Wildfires are remaking the world
With great sorrow, we watch as the Earth is rebuilt into a different, warmer planet.
open.substack.com
Remember when climate scientists said we should massively and rapidly reduce fossil fuel & meat emissions, or else? Or else 👇
Australia is building its first new oil refinery in 60 years to address its oil-import dependency, when it would be far more sustainable to just *stop using oil*, @davidfickling.bsky.social points out Gift link: www.bloomberg.com/opinion/arti...
Australia Doesn’t Need a White Elephant Oil Refinery
It’s not a great sign for a government-backed industrial project when the press release announcing it appears confused about why it’s even being built.
bloomberg.com
The credit market just keeps gagging on Oracle and SpaceX, proving yet again that cozying up to Trump is not exactly a golden ticket Gift link to my recent column on this: www.bloomberg.com/opinion/arti...
In case you mistakenly thought Big Oil was pushing carbon capture in good faith, please note Exxon is fighting in court to not be made to … capture carbon insideclimatenews.org/news/2807202...
ExxonMobil Uses Corporate Arbitration System to Challenge Climate Solution It Promotes - Inside Climate News
The oil giant has filed a notice of dispute under an energy treaty about the European Union’s carbon capture and storage requirements.
insideclimatenews.org
Despite resistance from Musk’s neo-Nazi buddies and the government’s misguided belief that fossil gas is a bridge fuel, Germany still relied on renewables more than fossil fuels for the first time ever last year www.carbonbrief.org/analysis-win...
Analysis: Wind and solar power overtake fossil fuels in Germany for first time ever - Carbon Brief
Together, wind and solar power generated 225 TWh of electricity – accounting for 44% of the total in 2025 – with just 43% coming from fossil fuels.
carbonbrief.org
They're screaming the quiet part out loud. A Trump regime scheme to shift a whopping $200 billion into AI projects and away from traditional university research isn't just because it wants smarter computers American fascism also requires dumber people My new column www.inquirer.com/columnists/a...
Trump wants smarter computers, dumber people | Will Bunch Newsletter
Plus, the Gen Z revolution takes on India.
inquirer.com
"America’s capitalism adds up the profits created by privatizing public goods without subtracting the value destroyed. We've created the largest enshittifying machine in history with financial logic that leaves out half the equation." - @hamiltonnolan.bsky.social open.substack.com/pub/howthing...
Enshittification Relies on Broken Economic Math
Pay no attention to the externalities behind the curtain.
open.substack.com
