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  1. 1
    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 CanadaMmastodonEnvironmentClimate12just now

    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, dMmastodonBusinessEconomy1019 h 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 Power Plants for AI Data Centres Called a Risky Pension Bet▼Gas Power Plants for AI Data Centres Are a Risky Bet with Your Retirement Savings✉newsTechnologyAI1 h ago

    A commentary argues that the wave of new gas-fired power plants being built to supply electricity to AI data centres could expose ordinary workers' retirement savings to significant financial risk. The piece raises concerns that pension funds backing this infrastructure may face losses if demand projections for AI-driven energy use do not materialise, tying household retirement security to speculative tech expansion.