Solar just produced more electricity than coal in the US for the first month ever and it won't be the last... Over the last two decades, the role of coal and solar in the US mix has changed drastically May 2006: 🪨 48%, ☀️ 0% May 2016: 🪨 26%, ☀️ 2% May 2026: 🪨 12%, ☀️ 13%

For decades, corporate tax cuts and loopholes have been sold as pro-growth and pro-competition. In practice, they often help large incumbents entrench their market power while depriving the public of needed revenue.

Another for instance! Down in Queensland, Australia, fossil gas used to provide all the peak power. Then batteries start nibbling at it. Then chomping on it. And now they've basically eaten it all up. No more gas. Look at this graphic! Glorious. reneweconomy.com.au/big-batterie...

California gubernatorial candidate Xavier Becerra just took half a million dollars from the fossil fuel industry. This on top of the max contribution from Chevron. When someone shows you who they are, believe them.

As suspending the federal gas tax gains traction in Washington, a prescient reminder from our Senior Fellow @pkrugman.bsky.social: gas tax holidays are largely a windfall for producers that barely move prices at the pump for the consumers suffering from inflation.

Today is a reminder that except for a brief period running roughly from Brown v. Board to Roe v. Wade, throughout its history the Supreme Court has been a reactionary force protecting the wealth of the wealthy and the power of the powerful, almost always hostile to equality and justice.

Shareholder primacy rears its head once again. “When [US] manufacturers don’t have an interest in affordability, and they do have a financial interest—I will say, short-term financial interest—in producing a lot higher dollar vehicles, I think it’s a slow death." www.wsj.com/business/aut...

The richest man owns X. The second and fourth richest men control Google. The third richest man owns The Washington Post. The fifth richest man owns Facebook, Instagram, and WhatsApp. And now the sixth richest could soon take over both Paramount and Warner Bros. See the problem here?

Electricity bills are rising, customers are struggling, but guess who is doing just fine?

So many eggs to find this year!

Interested how to transform finance for a livable planet & human rights? Join me and amazing colleagues at a webinar next week ahead of the 1st Conference on Transitioning Away from Fossil Fuels. 📆 Tuesday, April 21st ⏰ 15:00–16:00 CET | 9:00–10:00 ET Register: ran-org.zoom.us/webinar/regi...

Def worth reading this new source on the economic consequences of the Iran war.

Demand destruction. It's happening, people.

The spectacle of politicians reacting to the 2nd fossil crisis of the 2020s by killing off laws designed to reduce exposure to fossil fuels is grim It's like COVID lockdown laws that mandate gatherings in poorly ventilated areas. Centrism is a dangerous ideology www.bloomberg.com/news/article...

Rooftop solar has come out of nowhere and is now 20% of Puerto Rico's energy generation mix -- more than natural gas.

“I continue to be shaken by the inequality of climate change,” said Michael Greenstone, a University of Chicago economist. “The extra deaths are all going to occur in places that contributed very little” to greenhouse gas emissions that are warming the atmosphere. www.bloomberg.com/news/article...

Meanwhile, Spain's massive investment in renewables is paying dividends now: with prices for Spanish industry and consumers low and stable compared with other European economies. www.ft.com/content/ac77...

Oil/gas companies make windfalls from volatility and war. Rinse, repeat. But now that we have robust alternative energy sources, this business plan sows the seeds of its own demise. www.cnbc.com/2026/03/25/i...

In what should be a surprise to no one, the US and Israeli attack on Iran has serious climate consequences. Our new analysis, covered in @theguardian.com this morning, tallies the climate costs of the first two weeks of the attacks.

War profits don't fix structural risks. US natural gas exporters are chasing windfall profits from the Gulf conflict. A new "gold rush," some say. Bad for climate. Bad for communities. But good for business? Not so fast, argues my new piece w/ @ran.org 🧵

Squeezed by data centers' relentless demand for electricity, a Nevada energy company just said it's going to stop supplying energy to Tahoe. The city has a year to figure out how to meet 75% of its energy needs without it.

This policy simultaneously is: 1) a taxpayer funded corporate handout for nothing in return; 2) actively damaging to our national security; and 3) worsening energy affordability in the middle of a self-inflicted energy shock. So. Much. Winning. www.nytimes.com/2026/03/17/c...

The conflict in Iran is hurting your wallet—and the planet. The "Peace President" has gone to war, and Big Oil is already cashing the checks. The only real path to security and peace is a fast, just transition to clean energy. You can’t hold the wind or sun hostage.

The arrests of Don Lemon, Georgia Fort, and Jamael Lundy are unacceptable and a clear violation of the Constitution. This is a dangerous abuse of power that threatens the rights of every single American. They must be released immediately.

Two Black independent journalists, Don Lemon and Georgia Fort, were arrested by federal agents for doing their jobs, covering an ICE protest in Minneapolis.

FWIW, banks are now generating significantly more revenue from financing green energy than fossil fuel projects. In 2025, banks earned roughly $3.7 bn from green bonds/loans vs $2.9 bn from oil, gas and coal financing, which used to bring in double the fees. news.bloomberglaw.com/banking-law/...

"The rain, it raineth on the just And also on the unjust fella: But chiefly on the just, because The unjust steals the just's umbrella." ~Charles Bowen

Congrats to Nina Gualinga, featured today as one of Time Magazine's 100 most influential "rising stars"! "The forest has things to say, and Nina—always so wise, thoughtful, and observant—is one of her most powerful messengers." time.com/collections/...

Market power is at an all-time high, and corporate giants use tax advantages to entrench their dominance. A well-designed excess profits tax can help level the playing field. @nikolusiani.bsky.social and @iraregmi.bsky.social lay out a framework for doing so ⤵️ rooseveltinstitute.org/public...

So after a glorious social media sabbatical, I'm excited to be back on here. Looking forward to exchanging ideas w/ you all from the new book I'm writing on the public origins of corporate value. As always, super-interested in all things tax, corp gov, climate finance and just energy transition.

Utility companies sit at the center of any efforts to decarbonize the economy in a just and affordable way. @nikolusiani.bsky.social explores how and why shareholder-owned electric utilities are slowing the energy transition #2024Reads ⬇️ rooseveltinstitute.org/public...

Looks like a great event about an important book. Everyone that can should go.

Cool idea here about an in-kind tax for a reparation fund.

This line functions as a new truism- about climate, governance, and so much else besides regulatory: “In the end, businesses may well have underpriced the value of a stable operating environment”

We can’t achieve equitable outcomes from the U.S. energy system when utility regulators, legislators, and clean energy advocates let utility shareholder equity dominate. My essay, A Tale of Two Equities, illustrates the conflicting aims: https://vist.ly/3mp2quu #monopoly #utility 🔌💡

Yet another U-shaped curve...yikes.

"This moment is not just about reining in one company, but it’s also about reclaiming a digital economy that serves us all." @nikolusiani.bsky.social & Ketan Ahuja explore the DOJ’s proposed remedies for Google ⤵️ www.msnbc.com/opinion/msnb...

So rewarding to collaborate with @rooseveltinstitute.bsky.social to take my research and make it more accessible. This work started as a law review article for Howard Law Journal (over 200 footnotes!) but is now an issue brief with FAQs and bullet points. Trying to reach as many people I can!

Cost limits our imagination on so many progressive priorities. I love this piece from @bearerfriend.bsky.social because it offers a broadly applicable way past that limitation.

lol Elon nope I refuse to "grow the hell up" shareholder primacy is a terrible way to organize corporate productivity and innovation it's so bad as a theory and practice that I wrote a book about it even <shameless plug> press.uchicago.edu/ucp/books/bo...

Don't let anyone tell you the obligations we have to one another are too expensive. It's simply a matter of priorities. @bearerfriend.bsky.social out with a transformative tax proposal to help fund reparative policies through the in-kind remittance of corp equity. Great holiday learning opp!

NEW 📰: Through taxes, the US can finally pay its debt to those who helped build our country but were never paid for their work. @bearerfriend.bsky.social argues an innovative approach to tax law could finally fund reparations for slavery. rooseveltinstitute.org/publications...

"When I am frayed and strained and drizzle at the end Please someone cut a square and put me in a quilt That I might keep some child warm." Rest in Power Nikki Giovanni! www.nytimes.com/2024/12/09/o...

"If the financial sector is orchestrating a vast conspiracy to undermine the fossil fuel industry, it doesn’t seem to be going very well." @katearonoff.bsky.social on the nonsense of the recent anti-ESG (pro-BigOil) 'collusion' case. newrepublic.com/article/1889...

Pro-public tech 📲 innovation requires creating a digital ecosystem that actually serves and protects public interests. The DOJ’s proposed remedies for Google are a good first step, but there is much more to be done. @nikolusiani.bsky.social & @ketan-ahuja.bsky.social www.msnbc.com/opinion/msnb...

Lina Khan’s leadership brought clarity & consistency to antitrust enforcement. @nikolusiani.bsky.social explores why big business may regret losing her rule-of-law approach with thought-provoking insights on fair competition in @washingtonmonthly.bsky.social: washingtonmonthly.com/2024/11/26/w...

Great 🧵for Thanksgiving reading on your Chrome (or other) browser...

No one - including business - will benefit from the Trump Admin replacing the Khan/Kanter/Wu rule-of-law, evidence-based approach with a rule-of-one, vengeance-based approach to antitrust enforcement. My latest with Washington Monthly.