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    Canada Pension Plan criticised for gas power investments tied to AI data centres▼# AI # DataCentres # canada Gas Power Plants for AI Data Centres Are a Risky Bet with Your Retirement Savings The CanadaMmastodonEnvironmentClimate125 h ago

    Critics are accusing the Canada Pension Plan Investment Board of risking the retirement savings of 22 million Canadians by backing gas power plants meant to serve AI data centres. The argument is that the pension fund should act in contributors' best interest, not gamble on fossil fuel infrastructure whose value could erode as clean energy advances and AI demand shifts.

  2. 2
    Spain's left-wing government credited with strong economy▼If you face a "Right wing politicians are better at the economy" person: Spain, a country with a left-wing government, dMmastodonBusinessEconomy101 d ago

    Commenters are pointing to Spain as a counterexample to the claim that right-wing governments manage the economy better. Under its left-wing government, Spain raised the minimum wage, increased pension funds and taxed bank profits, and public debt fell. Posts contrast this with countries like the United States, arguing progressive economic policies can deliver fiscal results.

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    Gas Plants for AI Data Centres Risk Retirement Savings▼Gas Power Plants for AI Data Centres Are a Risky Bet with Your Retirement Savings✉newsTechnologyAI1 h ago

    Commentary argues that building new gas power plants to feed the booming electricity demand of AI data centres exposes pension funds and retirement savers to financial risk. The concern is that expensive gas infrastructure could become stranded as clean energy grows and climate policy tightens, leaving investors who backed it with losses while locking in carbon emissions.