Former Google $GOOG CEO Schmidt told Congress that Al could eventually use 99% of the world's electricity AI currently uses 3% of global energy — and it's growing faster than we can build new power plants.

AI is growing faster than we think, and we don’t have enough power plants to support it. This could lead to an energy crisis. Mega-cap companies, politicians, and top investors are already making moves in energy stocks Here are some ideas: ​Talen Energy Corporation $TLN has established a significant partnership with $AMZN

Stan Druckenmiller, Nancy Pelosi and Tepper added $VST few months ago

Buffett owns $OXY and $CVX Berkshire Hathaway $BRK.A through pacifiCorp (its utility arm) and in partnership with TerraPower (founded by Bill Gates), it’s developing advanced nuclear reactors, particularly Natrium sodium fast reactors. Charts from @stock_unlock

Icahn has been buying $CVI

Constellation Energy $CEG signed a 20-year power purchase agreement (PPA) with Microsoft.

Energy stocks are likely to play a crucial role over the next 20 years. Rising geopolitical tensions especially between China and the US could make them even more attractive, potentially amplifying their long-term value. thanks for reading Follow my main account @BourbonCap for more, and my secondary account @BourbonInsider for insider news

AI’s energy demand is soaring, could reach 99% of global electricity use—current growth outpaces power plant expansion.

This is false, Schmidt mispoke. He actually said 9%, you can check in the transcript!

Yet, you need to keep your AC off in the summer to save the planet…..

I was impressed by this blogger. @hinatakeysee🪐🔥 He shares quality rising stocks for free every day. His unique analysis and insights gave me a new perspective. You can follow him🎉💎