Power

Are Hybrid Cars Helping America Transition to Electric Vehicles? (msn.com) 150

America's electric car subsidies expired at the end of September, notes Bloomberg. Yet in those last three months, "while fully electric cars and trucks made up 10% of all auto sales in the US... another 15% of transactions were for hybrid vehicles." The EV market is slowing in the U.S., but analysts expect hybrid sales to continue accelerating. CarGurus Inc., a digital listings platform that covers most of the US auto market, predicts nearly one in six new cars next year will be a hybrid, as automakers green-light more and better machines with the technology. And though these cars and trucks will still burn gas, they will quietly move the needle on both transportation emissions and the transition to fully electric cars and trucks... CarGurus calls hybrids the success story of 2025. Indeed, the fastest-selling car in the country this year has been the Hyundai Palisade Hybrid; it sat on lots for fewer than 14 days on average...

While carmakers have struggled to turn a profit on fully electric vehicles, analysts say their investments in batteries and electric motors are helping them sell more and better hybrid machines. It's also increasingly difficult to discern a hybrid from a solely gas-powered model, said Scott Hardman, assistant director of the Electric Vehicle Research Center at the University of California at Davis. Carmakers today often don't even label a hybrid as such. Consider Toyota's RAV4, one of the best-selling vehicles in America. The 2026 version of the SUV comes in six different variants, all of which include an electric motor and a gas tank. "A hybrid is just a regular car now," Hardman said. "You can buy one by accident...."

While not as clean as an electric vehicle, hybrids offer sneaky carbon cuts as well. Americans, on average, drive about 38 miles a day, which requires about one gallon of gas in most basic hybrids. Contemporary plug-in hybrids, which can run on all-battery power, can cover almost that entire range without the gas engine kicking in. And a small crowd of cars will do even better, stretching their batteries well over 40 miles per charge. All told, hybridization can reduce the carbon dioxide emissions of a vehicle by roughly 20% to 30%, according to the International Council on Clean Transportation.

Some interesting statistics from the article:
  • By 2030 Ford expects fully or partially electrified vehicles will represent half its global sales. Toyota has already reached 50% ("in part thanks to all those hybrid RAV4s").
  • Around one-third of America's hybrid drivers "transition to a fully electric vehicle when they next switch cars."
  • In September 57% of America's car shoppers "were considering a fully electric auto, according to JD Power. However, among hybrid households, that share was almost 70%."

The Almighty Buck

Economic Inequality Does Not Equate To Poor Well-Being or Mental Health, Massive Meta-Analysis Finds (nature.com) 127

A new sweeping meta-analysis has found no reliable link between economic inequality and well-being or mental health, challenging a long-held assumption that has shaped public health policy discussions for decades. The study, led by Nicolas Sommet at the University of Lausanne and Annahita Ehsan at the University of British Columbia, synthesized 168 studies involving more than 11 million participants across most world regions. The researchers screened thousands of scientific papers and contacted hundreds of researchers to compile the dataset, extracting more than 100 study features from each paper and linking them to more than 500 World Bank indicators.

They also replicated their findings using Gallup World Poll data spanning 2005 to 2021, which surveyed more than two million respondents from more than 150 countries. People living in more economically unequal places did not, on average, report lower life satisfaction or happiness than those in more equal places. The average effect across studies was not statistically significant and was practically equivalent to zero. Studies that did find links between inequality and poorer mental health turned out to reflect publication bias, where small, noisy studies reporting larger effects were over-represented in the literature. The study adds: Further analyses showed that the near-zero averages conceal more-complex patterns. Greater income inequality was associated with lower well-being in high-inflation contexts and, surprisingly, higher well-being in low-inflation contexts. Greater inequality was also associated with poorer mental health in studies in which the average income was lower. We conclude that inequality is a catalyst that amplifies other determinants of well-being and mental health (such as inflation and poverty) but on its own is not a root cause of negative effects on well-being and mental health.
Businesses

OpenAI Is Paying Employees More Than Any Major Tech Startup in History 25

OpenAI is paying employees more than any major tech startup in history, with average stock-based compensation hitting roughly $1.5 million per worker in 2025. "That is more than seven times higher than the stock-based pay Google disclosed in 2003, before it filed for an initial public offering in 2004," reports the Wall Street Journal. "The $1.5 million is about 34 times the average employee compensation of 18 other large tech companies in the year before they went public." From the report: To keep its lead in the AI race, OpenAI is doling out massive stock compensation packages to top researchers and engineers, making them some of the richest employees in Silicon Valley. The equity awards are inflating the company's heavy operating losses and diluting existing shareholders at a rapid clip. As an AI arms race intensified this summer, frontier labs such as OpenAI faced pressure to increase employee pay after Meta Platforms Chief Executive Mark Zuckerberg began offering pay packages worth hundreds of millions of dollars -- and in some rare cases $1 billion -- to top executives and researchers at rival companies.

Zuckerberg's recruiting blitz swept up 20-plus OpenAI personnel, including ChatGPT co-creator Shengjia Zhao. In August, OpenAI gave some of its research and engineering staff a one-time bonus, with some employees receiving millions of dollars, The Wall Street Journal previously reported. The financial data, shared with investors over the summer, shows that OpenAI's stock-based compensation was expected to increase by about $3 billion annually through 2030. The company recently told staff it would discontinue a policy that required employees to work at OpenAI for at least six months before their equity vests. That development could lead to further compensation increases.

OpenAI's compensation as a percentage of revenue was set to reach 46% in 2025, the highest of any of the 18 companies except for Rivian, which didn't generate revenue the year before its IPO. Palantir's stock-based compensation equaled 33% of its revenue the year before its IPO in 2020, Google's was 15% and Facebook's was 6%, the analysis shows. On average, each company's stock-based compensation made up about 6% of revenue among tech companies the Journal analyzed in the year before their IPOs, according to the Equilar data.
Businesses

JPMorgan Says Javice Firms Billed Millions Just for 'Attendance' (bloomberg.com) 17

JPMorgan Chase is now fighting to avoid paying $10.2 million in disputed legal charges racked up by Charlie Javice, the convicted founder of student-finance startup Frank, after court filings revealed her defense team billed more than $5 million simply for attending her fraud trial -- including on days when court wasn't even in session.

A previously sealed Delaware court filing [PDF] released Monday showed that Javice's total legal tab has reached $74 million, far exceeding the $30 million Elizabeth Holmes spent defending herself in the Theranos case. JPMorgan claims the five law firms representing Javice operated under the mindset that "someone else is paying her bills." The bank's filing focused on Quinn Emanuel and Mintz Levin, the two largest firms on Javice's defense. JPMorgan said Javice had between 16 and 29 lawyers and legal staff present every day of her six-week trial, billing an average of $360,000 daily. No more than four lawyers had speaking roles.

Among the 2,377 pages of receipts submitted for March: a Cookie Monster toddler's toy, lavender and jasmine sachets, 57 hotel room upgrades at $300 per night, and a $900 meal at Koloman, a highly rated New York restaurant. A New York jury found Javice guilty in March of misleading JPMorgan into acquiring Frank for $175 million by fabricating millions of fake users. She was sentenced in September to seven years in prison but remains free on bail pending her appeal.
Businesses

Despite a Record Year, Airlines Are Grappling With Big Challenges (economist.com) 31

The global airline industry is on track to post an all-time profit high of nearly $40 billion in 2025, according to trade group IATA, surpassing the pre-pandemic 2019 figure of $26 billion, but carriers are still managing a net margin of just 4% -- roughly $7.90 per passenger. Economist adds: Not everything has been in the ascent. European and North American airlines, which account for three-fifths of the industry's net profits, have had to contend with circuitous long-haul routes to avoid Russian airspace since the start of the war in Ukraine. This year parts of the Middle East became no-go zones after Israel's strike on Iran in June. America's airlines were hit by a government shutdown that stopped federal workers from travelling and kept unpaid air-traffic controllers at home, disrupting flights.

What is more, despite a drop in fuel prices, which account for 25-30% of airlines' operating expenses, other costs have risen.
Airlines flew 4.8 billion passengers in 2024, beating the 2019 peak, and that figure likely reached 5 billion in 2025 as combined revenues topped $1 trillion for the first time and load factors hit a record of nearly 84%.

But the industry is flying older planes because Boeing and Airbus can't deliver enough new ones. The duopoly shipped under 1,400 aircraft in 2025, well below the 2018 record of just over 1,600. Boeing has struggled since two fatal 737 MAX crashes in late 2018 and early 2019 led to a 20-month grounding, and a fuselage panel blew off another 737 MAX mid-flight in early 2024. Airbus cut its 2025 delivery target from 820 to 790 in early December due to a supplier's production flaw, and Pratt & Whitney engine problems have grounded a third of the global A320neo fleet.

IATA estimates the aircraft shortage won't resolve before 2031 at the earliest, and the global fleet's average age has climbed to 15 years from 13 in 2019. Annual fuel efficiency gains have slowed from about 2% to 0.3% in 2025, and an IATA and Oliver Wyman report pegs the cost of aging fleets -- extra fuel, repairs, spare parts -- at over $11 billion in 2025.
Hardware

Russian Enthusiasts Planning DIY DDR5 Memory Amidst Worldwide Shortage (tomshardware.com) 47

Amid a global DDR5 shortage and soaring prices, Russian hardware enthusiasts are experimenting with do-it-yourself DDR5 RAM by sourcing empty PCBs and soldering memory chips by hand. Tom's Hardware reports: The idea comes from Russian YouTuber PRO Hi-Tech's Telegram channel, where a local enthusiast known as "Vik-on" already performs VRAM upgrades for GPUs, so this is a relatively safe operation for him. According to Vik-on, empty RAM PCBs can be sourced from China for as little as $6.40 per DIMM. The memory chips themselves, though, that's a different challenge.

The so-called spot market for memory doesn't really exist at the moment, since no manufacturer has the production capacity to make more RAM, and even if they did, they'd sell to better-paying AI clients instead. Still, you can find SK Hynix and Samsung chips across Chinese marketplaces if you search for the correct part number, as shown in the attached screenshots.

Moreover, the Telegram thread says it would cost roughly 12,000 Russian Rubles ($152) to build a 16 GB stick with "average" specs, which is about the same as a retail 16 GB kit. There's also a ZenTimings snapshot showing CL28 timings, claiming that even relatively high-end DDR5 RAM can be built using this method, but it won't be cost-effective. Therefore, it doesn't make too much sense just yet to get the BGA rework station out and assemble your own DDR5. Things are expected to get worse, though, so maybe these Russians are on to something.

Businesses

Job Apocalypse? Not Yet. AI is Creating Brand New Occupations (economist.com) 63

The AI industry, for all the anxiety about mass unemployment, is quietly minting entirely new job categories that require distinctly human skills -- empathy, judgment, and the ability to calm down a passenger trapped inside a broken-down robotaxi. Data annotators are no longer just low-paid gig workers tagging images. Experts in finance, law, and medicine now train advanced AI models, earning $90 an hour on average through platforms like Mercor, a startup recently valued at $10 billion, according to CEO Brendan Foody.

Forward-deployed engineers, a role pioneered by Palantir, customize AI tools on-site for clients; YCombinator's portfolio companies now have 63 job postings for such roles, up from four last year. The AI Workforce Consortium, a research group led by Cisco that examined 50 IT jobs across wealthy countries, found AI risk-and-governance specialists to be the fastest-growing category -- outpacing even AI programmers.
Earth

There Was Some Good News on Green Energy in 2025 (msn.com) 40

Yes, greenhouse gas emissions kept rising in 2025, writes Bloomberg (alternate URL here). And the pledges of various governments to lower greenhouse gases "are nowhere near where they need to be to avoid catastrophic climate change..."

But in 2025, "there were silver linings too." The world is decarbonizing faster than was expected 10 years ago and investment into the clean energy transition, including everything from wind and solar to batteries and grids, is expected to have reached a new record of $2.2 trillion globally in 2025, according to research by the Energy & Climate Intelligence Unit, a London nonprofit. "Is this enough to keep us safe? No it clearly isn't," said Gareth Redmond-King, international lead at the ECIU. "Is it remarkable progress compared to where we were headed? Clearly it is...." Global investment in clean tech far outpaced what went into polluting industries. For every $1 funding fossil fuel projects, $2 went into clean power, according to the ECIU. For China, the EU, the U.S. and India, the four largest polluters, it was $2.60.

Funds flowing into renewable power set another record in the first half of this year and were up 10% compared to the same period in 2024, to $386 billion, according to the latest available research by BloombergNEF. Solar and wind grew fast enough to meet all new electricity demand globally in the first three quarters of 2025, according to UK-based energy think tank Ember. That means renewable capacity is set to hit a new record globally this year, with Ember forecasting an 11% increase from 2024. Over the last three years, renewable capacity grew by nearly 30% on average. That puts the world within reach of the goal set at COP 28 in Dubai in 2023 to triple clean power by 2030. China is leading the charge, with the world's largest polluter expected to have delivered 66% of new solar capacity, and 69% of new wind globally this year, according to Ember. Renewables also advanced in parts of Asia, Europe and South America.

The explosive power demand from artificial intelligence is also turning the tide on green technology investment, which had soured in recent years. For the first three quarters of this year, global clean tech investment, which was dominated by funding in next-generation nuclear reactors, renewables and other solutions that help power data centers, has already surpassed all of 2024. That marks the sector's first annual increase since the 2022 peak. And despite President Trump's rollback of climate policies, the S&P's main gauge tracking clean energy is up about 50% this year, outperforming most other stock indexes and even gold. That same enthusiasm has also helped channel more capital into developing and upgrading the power grid, a backbone of the global energy transition.

The article also notes that prices per kilowatt-hour of battery capacity "fell by 8% to a record $108 this year and they're expected to decline a further 3% next year, according to BloombergNEF."

And this year the International Court of Justice "determined that countries risk being in violation of international law if they don't work toward keeping global warming to the 1.5C threshold agreed on at the Paris climate conference in 2015."
The Almighty Buck

As AI Companies Borrow Billions, Debt Investors Grow Wary (nytimes.com) 43

While stock investors have pushed AI-related shares to repeated highs this year, debt markets are telling a more cautious story as newer AI infrastructure companies find themselves paying significantly elevated interest rates to borrow money. Applied Digital, a data center builder, sold $2.35 billion of debt in November at a 9.25% coupon -- roughly 3.75% above similarly rated companies, or about 70% more in interest costs. The pattern has repeated across several deals.

Wulf Compute, a subsidiary of Bitcoin-miner-turned-data-center-operator Terawulf, raised $3.2 billion in mid-October at 7.75%, well above the 5.5% average yield for similarly rated issuers. Cipher Compute sold $1.7 billion in early November at just over 7%. CoreWeave, which rents data centers and installs computing systems for companies like OpenAI and Meta, raised $1.75 billion in July at 9%. The company's bonds have since fallen to around 90 cents on the dollar, pushing the effective yield above 12% -- nearly double the average for companies at its single-B rating level.

"We just have to be much more pessimistic and not buy into the hype," said Will Smith, a portfolio manager at AllianceBernstein. Construction delays and uncertain demand for AI computing power remain key concerns for lenders who, unlike equity investors, have no upside beyond getting their principal back.
Businesses

Wall Street Has Stopped Rewarding 'Strategic' Layoffs (fortune.com) 74

Goldman Sachs analysts have identified a notable shift in how investors respond to corporate layoff announcements, finding that even job cuts attributed to automation and AI-driven restructuring are now causing stock prices to fall rather than rise. The investment bank linked recent layoff announcements to public companies' earnings reports and stock market data, concluding that stocks dropped by an average of 2% following such announcements, and companies citing restructurings faced even harsher punishment.

The traditional Wall Street playbook held that layoffs tied to strategic restructuring would boost stock prices, while cuts driven by declining sales would hurt them. That distinction appears to have collapsed.

Goldman's analysts suggest investors simply don't believe what companies are saying -- firms announcing layoffs have experienced higher capex, debt and interest expense growth alongside lower profit growth compared to industry peers this year. The real driver, analysts suspect, may be cost reduction to offset rising interest expenses and declining profitability rather than any forward-looking efficiency play.

Goldman expects layoffs to keep rising, motivated in part by companies' stated desire to use AI to reduce labor costs.
EU

25.2% of Energy EU Used in 2024 Came From Renewables (europa.eu) 29

An anonymous reader shares a report: In 2024, 25.2% of gross final energy consumption in the EU came from renewable sources, up by 0.7 percentage points compared with 2023. This share is 17.3 pp short of meeting the 2030 target (42.5%), which would require an annual average increase of 2.9 pp from 2025 to 2030.

Among the EU countries, Sweden recorded the highest share of its gross final energy consumption coming from renewable sources (62.8%). Sweden primarily relied on solid biomass, hydro and wind. Finland followed with 52.1%, relying on solid biomass, wind and hydro, while Denmark came in third with 46.8%, with most of its renewable energy sourced from solid biomass, wind and biogas. The lowest shares of renewables were recorded in Belgium (14.3%), Luxembourg (14.7%), and Ireland (16.1%).

Youtube

YouTube Has a Firm Grip on Daytime TV (nytimes.com) 34

YouTube has been winning the streaming wars for years, but its real competitive advantage comes not from prime-time viewing but from its stranglehold on daytime hours when Americans are meditating, exercising, cooking, or simply looking for background noise. At 11 a.m. in October, YouTube commanded an average audience of 6.3 million viewers compared to Netflix's 2.8 million, according to Nielsen data. Amazon drew about a million viewers at that hour, and HBO Max, Paramount+ and Peacock each pulled fewer than 600,000.

The gap narrows significantly at night -- Netflix's audience swells to over 11 million at 9 p.m., trailing YouTube's 12 million -- but YouTube's dominance reasserts itself in overnight hours and through the next day. Netflix is responding by bringing at least 34 video podcasts to its service next year, including "The Breakfast Club," "The Bill Simmons Podcast," and "Pardon My Take." Amazon added the Kelce brothers' "New Heights" podcast to Prime Video in September. The strategy is intentional: roughly 75 percent of all podcast listening happens between 6 a.m. and 6 p.m., according to Edison Research. YouTube said viewers watched 700 million hours of video podcasts on living room devices in October alone, a 75% increase from the previous year.
Australia

Australia Poised for Desalination Boom as Water Shortages Loom (bloomberg.com) 28

Australia is on track for a significant expansion of desalination capacity -- converting seawater to freshwater -- to meet the needs of a swelling population at a time of declining average rainfall. From a report: The world's driest inhabited continent is projected to build or expand 11 desalination plants worth more than A$23 billion ($15 billion) over the next 10 years, according to a research report by Dominic McNally at Oxford Economics.

"Our population growth forecasts imply an additional 190GL/year in household water demand across major cities by 2035, while the booming data center industry also threatens to rapidly expand urban water use," he said. "This growing demand coincides with falling average rainfall in major population centers, increasing the vulnerability of existing infrastructure." Water construction activity slowed after 2010 as a severe drought receded. However, recent dry periods have reignited interest in water security and coincide with a new boom in water infrastructure investment, including desalination, McNally said.

Science

How a Power Outage In Colorado Caused US Official Time To Be 4.8 Microseconds (npr.org) 63

Tony Isaac shares a report from NPR: The U.S. government calculates the country's official time using more than a dozen atomic clocks at a federal facility northwest of Denver. But when a destructive windstorm knocked out power to the National Institute of Standards and Technology (NIST) laboratory in Boulder on Wednesday and a backup generator subsequently failed, time ever so slightly slowed down. The lapse "resulted in NIST UTC [universal coordinated time] being 4.8 microseconds slower than it should have been," NIST spokesperson Rebecca Jacobson said in an email. [...]

Since 2007, the official time of the U.S. has been determined by the commerce secretary, who oversees NIST, along with the U.S. Navy. The national time standard is known as NIST UTC. (Somewhat confusingly, UTC itself is a separate, global time standard to which the U.S. and other countries contribute measurements.) NIST currently calculates the standard using a weighted average of the readings of 16 atomic clocks situated across the Boulder campus. Atomic clocks, including hydrogen masers and cesium beam clocks, rely on the natural resonant frequencies of atoms to tell time with extremely high accuracy.

All of the atomic clocks continued ticking through the power outage last week thanks to their battery backup systems, according to NIST supervisory research physicist Jeff Sherman. What failed was the connection between some of the clocks and NIST's measurement and distribution systems, he said. Some critical operations staff who were still on site following the severe weather were able to restore backup power by activating a diesel generator the team had kept in reserve, Sherman said.

Businesses

'Subscription Captivity': When Things You Buy Own You (motherjones.com) 126

A reporter at Mother Jones writes about a $169 alarm clock with special lighting and audio effects. But to use the features, "you need to pay an additional $4.99 per month, in perpetuity."

"Welcome to the age of subscription captivity, where an increasing share of the things you pay for actually own you." What vexes me are the companies that sell physical products for a hefty, upfront fee and subsequently demand more money to keep using items already in your possession. This encompasses those glorified alarm clocks, but also: computer printers, wearable wellness devices, and some features on pricey new cars.

Subscription-based business models are great for businesses because they amount to consistent revenue streams. They're often bad for consumers for the same reason: You have to pay companies, consistently. We're effectively being $5 per month-ed (or more) to death, and it's only going to get worse. Industry research suggests the average customer spent $219 per month on subscriptions in 2023. In 2024, the global subscription market was an estimated $492 billion. By 2033, that figure is expected to triple.

Companies would argue these models benefit consumers, not just their bottom lines. For example, HP's Instant Ink program suggests you will never again find your device out of ink when you need it most. The printer apparently knows when it's running low, spurring automatic deliveries of ink to your home for $7.99 per month if you select the company-recommended plan. But if you cancel the subscription, the printer will literally hold hostage the half-full cartridges already sitting in your printer. The ransom to use it? Re-enroll... The company has added firmware to its technology that deliberately blocks cheaper, off-brand cartridges from working at all...

"There's even a subscription service that enables you to track and cancel your piling subscriptions — for just $6 to $12 per month."

Programming

Stanford Computer Science Grads Find Their Degrees No Longer Guarantee Jobs (latimes.com) 125

Elite computer science degrees are no longer a guaranteed on-ramp to tech jobs, as AI-driven coding tools slash demand for entry-level engineers and concentrate hiring around a small pool of already "elite" or AI-savvy developers. The Los Angeles Times reports: "Stanford computer science graduates are struggling to find entry-level jobs" with the most prominent tech brands, said Jan Liphardt, associate professor of bioengineering at Stanford University. "I think that's crazy." While the rapidly advancing coding capabilities of generative AI have made experienced engineers more productive, they have also hobbled the job prospects of early-career software engineers. Stanford students describe a suddenly skewed job market, where just a small slice of graduates -- those considered "cracked engineers" who already have thick resumes building products and doing research -- are getting the few good jobs, leaving everyone else to fight for scraps.

"There's definitely a very dreary mood on campus," said a recent computer science graduate who asked not to be named so they could speak freely. "People [who are] job hunting are very stressed out, and it's very hard for them to actually secure jobs." The shake-up is being felt across California colleges, including UC Berkeley, USC and others. The job search has been even tougher for those with less prestigious degrees. [...] Data suggests that even though AI startups like OpenAI and Anthropic are hiring many people, it is not offsetting the decline in hiring elsewhere. Employment for specific groups, such as early-career software developers between the ages of 22 and 25 has declined by nearly 20% from its peak in late 2022, according to a Stanford study. [...]

A common sentiment from hiring managers is that where they previously needed ten engineers, they now only need "two skilled engineers and one of these LLM-based agents," which can be just as productive, said Nenad Medvidovic, a computer science professor at the University of Southern California. "We don't need the junior developers anymore," said Amr Awadallah, CEO of Vectara, a Palo Alto-based AI startup. "The AI now can code better than the average junior developer that comes out of the best schools out there." [...] Stanford students say they are arriving at the job market and finding a split in the road; capable AI engineers can find jobs, but basic, old-school computer science jobs are disappearing. As they hit this surprise speed bump, some students are lowering their standards and joining companies they wouldn't have considered before. Some are creating their own startups. A large group of frustrated grads are deciding to continue their studies to beef up their resumes and add more skills needed to compete with AI.

Earth

2026 Will Bring Heat More Than 1.4C Above Preindustrial Levels, UK Met Office Says (theguardian.com) 48

The UK Met Office projects that 2026 will see global temperatures rise between 1.34C and 1.58C above preindustrial levels, placing it among the four hottest years since records began in 1850 and continuing a streak of extreme warming that has pushed the planet into unprecedented territory. The central forecast is slightly cooler than the 1.55C recorded in 2024, the warmest year on record. But climate scientist Adam Scaife, who led the forecast, noted that "the last three years are all likely to have exceeded 1.4C" and 2026 would be the fourth consecutive year to do so. "Prior to this surge, the previous global temperature had not exceeded 1.3C," he said.

The forecast suggests another temporary exceedance of the 1.5C threshold set by the Paris Agreement is possible in 2026, following the first such breach in 2024. The 1.5C target is measured as a 30-year average, so it remains technically achievable even as individual years cross the line. EU scientists said last week that 2025 is "virtually certain" to rank as the second or third-hottest year on record.
PlayStation (Games)

Video Game Hardware Sales Had a Historically Bad November In the US (theverge.com) 74

U.S. video game hardware spending fell 27% year over year in November to $695 million, according to market analyst company Circana. "This is the lowest video game hardware spending total for a November month since the $455 million reached during the November 2005 tracking period," Circana says. Furthermore, only 1.6 million units of hardware were sold in the U.S. in November, which is "the lowest total for a November month since 1995 (1.4 million)." The Verge reports: The rising costs of consoles probably didn't help. The PlayStation 5 and Xbox Series of consoles both turned five in November, but customers looking to pick up one of the consoles brand new are having to grapple with higher prices following price hikes this year. Those hikes have led to an "all-time November high" for the average price paid for a new unit of video game hardware of $439, Circana says -- a number that's up 11 percent from 2024. (In November 2019, the average price was $235, according to Circana analyst Mat Piscatella.)
Power

Senators Count the Shady Ways Data Centers Pass Energy Costs On To Americans (arstechnica.com) 53

U.S. senators are probing whether Big Tech data centers are driving up local electricity bills by socializing grid upgrade costs onto residents. Some of the tactics they're using include NDAs, shell companies, and lobbying. Ars Technica reports: In letters (PDF) to seven AI firms, Senators Elizabeth Warren (D-Mass.), Chris Van Hollen (D-Md.), and Richard Blumenthal (D-Conn.) cited a study estimating that "electricity prices have increased by as much as 267 percent in the past five years" in "areas located near significant data center activity." Prices increase, senators noted, when utility companies build out extra infrastructure to meet data centers' energy demands -- which can amount to one customer suddenly consuming as much power as an entire city. They also increase when demand for local power outweighs supply. In some cases, residents are blindsided by higher bills, not even realizing a data center project was approved, because tech companies seem intent on dodging backlash and frequently do not allow terms of deals to be publicly disclosed.

AI firms "ask public officials to sign non-disclosure agreements (NDAs) preventing them from sharing information with their constituents, operate through what appear to be shell companies to mask the real owner of the data center, and require that landowners sign NDAs as part of the land sale while telling them only that a 'Fortune 100 company' is planning an 'industrial development' seemingly in an attempt to hide the very existence of the data center," senators wrote. States like Virginia with the highest concentration of data centers could see average electricity prices increase by another 25 percent by 2030, senators noted. But price increases aren't limited to the states allegedly striking shady deals with tech companies and greenlighting data center projects, they said. "Interconnected and interstate power grids can lead to a data center built in one state raising costs for residents of a neighboring state," senators reported.

Under fire for supposedly only pretending to care about keeping neighbors' costs low were Amazon, Google, Meta, Microsoft, Equinix, Digital Realty, and CoreWeave. Senators accused firms of paying "lip service," claiming that they would do everything in their power to avoid increasing residential electricity costs, while actively lobbying to pass billions in costs on to their neighbors. [...] Particularly problematic, senators emphasized, were reports that tech firms were getting discounts on energy costs as utility companies competed for their business, while prices went up for their neighbors.

Earth

The Arctic Is in Dire Straits, 20 Years of Reporting Show 57

A new Arctic Report Card recap shows how the Arctic has transformed in just 20 years, warming about twice as fast as the global average and losing most of its oldest sea ice. It's also triggering cascading impacts from "Atlantification" to permafrost-driven "rusting rivers" and more destructive storms. Scientific American reports: The first Arctic Report Card was released by the National Oceanic and Atmospheric Administration in 2006. Since then the region has warmed twice as fast as the global average. About 95 percent of the oldest, thickest sea ice is gone -- "the sliver that remains is collected in an area north of Greenland. Even the central Arctic Ocean is becoming warmer and saltier, causing more ice melt and changing how much heat is released into the atmosphere in a way that affects weather patterns around the world. Those are just some of the stark changes 20 years have wrought. The findings were highlighted in the 2025 Arctic Report Card, released on Tuesday.

The Arctic Ocean is undergoing what scientists are calling "Atlantification" -- a process where warm, salty water from the Atlantic flows north, changing how waters of different temperatures and densities are layered in the Arctic, disrupting ecosystems and altering how heat moves from the water to the air. [...] The Arctic is simply becoming wetter, with more precipitation falling as rain instead of snow. June snow cover over the entire Arctic is half of what it was 60 years ago, the report found. Permafrost also continues to thaw, releasing once trapped carbon into the atmosphere and disgorging iron and other elements that have turned rivers and streams orange. These "rusting rivers," found in more than 200 watersheds, are more acidic than normal and have elevated levels of toxic metals that endanger local ecosystems. And as the permafrost thaws, the tundra of the Arctic biome is shrinking, and the boreal forest biome is creeping northward, disrupting ecosystems.

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