Most recent unrolls from @ThreadReaderApp

Jul 6
SHOCKING! - the ACP’s latest tax filing reveals members received a mere $130 for “supplies” while Kyle Pettis, the party’s sole listed officer, awarded more than 45k as a salary to a single employee — himself! 🧵 Image
American Communist Party Inc (the ACP’s 501(c)(4) nonprofit) reported total revenues of $134,565 This was from a mix of donations, membership dues ($15/month minimum for Reservists with little/no active participation) & Red America subscriptions ($15 digital, $25 paper) Image
For every revenue dollar that came in, ACP reported a whopping 70%+ went to wages/salaries alone - $97,262. Almost HALF of that went to Kyle Pettis, listed as the party’s sole officer. The remaining salary/wage expense is undisclosed. Image
Image
Read 8 tweets
Jul 6
If we want to clean up Trump’s mess and prevent future Trumps from taking power, we must make major changes to our broken political system.

Here are the 10 reforms necessary to get anything done.
1. Subject Supreme Court justices to term limits.

Limit the terms of justices to 18 years, after which they must move to courts of appeals or district courts.

Those who are beyond this limit must immediately move to other courts.
2. Prevent conflicts of interest.

End the exemption of the president and vice president from conflicts of interest laws.

Require all federally elected officials to put their investments into blind trusts.

Prohibit all trading of specific shares of stock.
Read 12 tweets
Jul 6
1/ Today's Ukrainian strikes against a Russian oil refinery in distant Omsk are being greeted with gloom by Russian warbloggers. They say that their predictions of increasingly wide-ranging Ukrainian raids were ignored, but are now coming true. ⬇️
2/ 'Rybar' writes:

"What happened is what was predicted last year: Ukrainian formations were able to reach Omsk, which is more than 2,500 km from the front line, with modernised FP-1 drones.
3/ "We believe that against this backdrop, discussions and debates about the involvement of Kazakhstani territory and various saboteurs will start again, but this is just a search for excuses, not a solution.
Read 20 tweets
Jul 6
LMFAO more fake AI funsies 🤣😜🤣😜🤣😜🤣😜

1))

#SurreyRCMP #surreyps #LangleyRCMP #BCRCMP #RCMP #Police #Cops #Canada #BC #BritishColumbia #Langley #LangleyBC #Surrey #SurreyBC #GAWDIWANTAMALECOPSEXUALLY🤤


LMFAO more fake AI funsies 🤣😜🤣😜🤣😜🤣😜

2))

#SurreyRCMP #surreyps #LangleyRCMP #BCRCMP #RCMP #Police #Cops #Canada #BC #BritishColumbia #Langley #LangleyBC #Surrey #SurreyBC #GAWDIWANTAMALECOPSEXUALLY🤤

@SurreyRCMP @surreyps @LangleyRCMP

@ChrisPentecos @Nncim15 @LangleyResident @BarbaraDoduk @RegretlessBee @Cdnwatcher @Istandtoreason @facepalmchris @trustednerd @felixcruggins @CultureGuard @WaxMyBallsShow @FranLa9 @kfurneaux20 @VernThurston @JonYaniv @JNonsense46242
Read 4 tweets
Jul 6
LMFAO more fake AI funsies 🤣😜🤣😜🤣😜🤣😜

1)

#SurreyRCMP #surreyps #LangleyRCMP #BCRCMP #RCMP #Police #Cops #Canada #BC #BritishColumbia #Langley #LangleyBC #Surrey #SurreyBC #GAWDIWANTAMALECOPSEXUALLY🤤


LMFAO more fake AI funsies 🤣😜🤣😜🤣😜🤣😜

2)

#SurreyRCMP #surreyps #LangleyRCMP #BCRCMP #RCMP #Police #Cops #Canada #BC #BritishColumbia #Langley #LangleyBC #Surrey #SurreyBC #GAWDIWANTAMALECOPSEXUALLY🤤

@SurreyRCMP @surreyps @LangleyRCMP

@ChrisPentecos @Nncim15 @LangleyResident @BarbaraDoduk @RegretlessBee @Cdnwatcher @Istandtoreason @facepalmchris @trustednerd @felixcruggins @CultureGuard @WaxMyBallsShow @FranLa9 @kfurneaux20 @VernThurston @JonYaniv @JNonsense46242
Read 4 tweets
Jul 6
The conversation of the day on X. It’s very interesting. I am Never Leaving this App. A thread.

It starts here. This seems like a very sensible, middle of the road, what should be obvious position. Very neutral.

1/ Image
Suddenly this person jumps in. I don’t think that looks have anything to do with this argument, but let me just say that profile picture is incredibly heavily edited. JK is not playing around here. 2/ Image
He comes back and tries to manipulate the conversation. Then lays a down a heavy layer of guilt. JK swings it right back around to the issue. She won’t be tricked. 3/ Image
Read 4 tweets
Jul 6
@LangleyRCMP if you are reading this can you please turn off the comments on that rainbow crosswalk thingy it's pissing me off seeing peoples craps and what they write and also y'all don't need to read that crap you all just need to read MY CRAP AND ONLY MINE ♥️♥️😜👍👍♥️♥️
@LangleyRCMP @SurreyRCMP @surreyps @LangleyRCMP

@ChrisPentecos @Nncim15 @LangleyResident @BarbaraDoduk @RegretlessBee @Cdnwatcher @Istandtoreason @facepalmchris @trustednerd @felixcruggins @CultureGuard @WaxMyBallsShow @FranLa9 @kfurneaux20 @VernThurston @JonYaniv @JNonsense46242
@LangleyRCMP @SurreyRCMP @surreyps @ChrisPentecos @Nncim15 @LangleyResident @BarbaraDoduk @RegretlessBee @Cdnwatcher @Istandtoreason @facepalmchris @trustednerd @felixcruggins @CultureGuard @WaxMyBallsShow @FranLa9 @kfurneaux20 @VernThurston @JonYaniv @JNonsense46242 Same with you surreyps anything on that subject
Read 4 tweets
Jul 6
@LangleyRCMP if you are reading this can you please turn off the comments on that rainbow crosswalk thingy it's pissing me off seeing peoples craps and what they write and also y'all don't need to read that crap you all just need to read MY CRAP AND ONLY MINE ♥️♥️😜👍👍♥️♥️
@LangleyRCMP @SurreyRCMP @surreyps @LangleyRCMP

@ChrisPentecos @Nncim15 @LangleyResident @BarbaraDoduk @RegretlessBee @Cdnwatcher @Istandtoreason @facepalmchris @trustednerd @felixcruggins @CultureGuard @WaxMyBallsShow @FranLa9 @kfurneaux20 @VernThurston @JonYaniv @JNonsense46242
@LangleyRCMP @SurreyRCMP @surreyps @ChrisPentecos @Nncim15 @LangleyResident @BarbaraDoduk @RegretlessBee @Cdnwatcher @Istandtoreason @facepalmchris @trustednerd @felixcruggins @CultureGuard @WaxMyBallsShow @FranLa9 @kfurneaux20 @VernThurston @JonYaniv @JNonsense46242 Same with you surreyps anything on that subject
Read 4 tweets
Jul 6
🧵 Inside AgentCity #10 – Treasury

In the last post, we looked at ConstitutionalParameters—the contract that stores some of the boundaries AgentCity’s governance system operates within.

But an economy needs more than rules.

As AI agents complete Missions, pay platform fees and lose collateral through slashing…

Where does that money go?

How does the protocol separate funds meant for different purposes?

And who is allowed to move those funds?

That’s where Treasury comes in.

📍 Testnet Contract:
0x0475FFe03DBC8B97303bc8BD86f2c8D18894E131

Let’s break it down.

👇
2/ This isn’t just a wallet holding protocol fees

The Treasury receives payment tokens generated by activity elsewhere in AgentCity.

But instead of treating everything as one large balance…

It keeps an internal record of how much money belongs to four separate pools.

⚖️ Adjudicator Compensation

🏅 Honesty

🔧 Maintenance

🏦 Reserve Pool

In simple terms:

Money enters the Treasury and is accounted for according to what that money is intended to support.

👇
3/ Where does the money come from?

One source is completed Missions.

When a Mission is settled, part of the money can be sent to the Treasury.

The SettlementModule then tells the Treasury how that money should be accounted for.

Another source is slashed stake.

We’ve already seen that agents can lose collateral when certain outcomes go against them.

Money received by Treasury through the dedicated slashed-stake function goes directly into the Reserve Pool.

So the Treasury can receive money from both:

Economic activity.

and

Economic penalties.

👇
Read 16 tweets
Jul 6
1/ Ukrainian drone manufacturer Fire Point's announcement that it has extended its FP-1 drone's range to 3,400 km (2,100 miles) is prompting alarm among Russian warbloggers. One notes that this puts many strategically vital sites in Siberia in range. ⬇️
2/ Russian journalist Igor Dmitriev comments:

"The head of Fire Point company, Denis Stiler, claims that the upgraded FP-1 drones can fly 3,400 km. Of course, he's just hype and lying! But if it's true, the following targets will be hit:
3/ "Tyumen Refinery (2,100 km) - already attacked in June, the fuel base of the country's main oil-producing region: gasoline and diesel are primarily used for domestic consumption in Western Siberia, including oil production itself.
Read 11 tweets
Jul 6
Foreman: Putin wasn't a major figure in the KGB. He was a functionary in a minor town in East Germany.

The head of the KGB residency there didn't even know who he was. He was spying on East Germans, not the West. 1/
Foreman: The judo analogy fits Putin better than the idea that he is a grand strategist playing multidimensional chess.

He is reactive. He sees opportunities and takes them rather than following some master plan. 2/
Foreman: There's a huge plot around Putin in many books. People imagine secret KGB circles planning Russia's future for decades.

I think that's rubbish. Putin was a functionary who got his chance, grabbed it and consolidated power. 3X
Read 5 tweets
Jul 6
Após o 7 a 1, o Brasil foi eliminado por Bélgica, Croácia e Noruega, seleções médias europeias com um ou mais grande craque, com técnicos diferentes e propostas diferentes. Está óbvio que há um padrão aqui, que as 3 eliminações não foram azar, acaso, ou injustiça.
Esse padrão revela duas coisas. No esforço de Copa, tentei ver sempre as melhores qualidades dos nossos jogadores, mas a verdade é que não chegamos na Copa como o melhor time individualmente falando desde 2006.
Se vencêssemos a Copa de 2026 seria como a Itália de 82: ótimo time, ótimo conjunto, aliado da fortuna. Não como melhor time, melhores jogadores. Entre 1970 e 2016, o Brasil só não era o melhor time no papel em 74 e 90. Após 06, nenhuma vez. Logo, não formamos mais os melhores.
Read 6 tweets
Jul 6
Jews of Morocco: Before There Was a "Middle East"
(1/3)

Chapter One: Before There Was a "Middle East"

[Image: Bas-relief of Maimonides, one of 23 "Lawgivers" adorning the chamber of the U.S. House of Representatives, the Capitol, Washington, D.C.]

There was a Jewish community in Morocco that didn't arrive with the expulsion from Spain. It was already there — a thousand years earlier.

Evidence From the Third Century

A Hebrew tombstone found at Volubilis, near Moulay Idriss, has been dated to the third century CE. More such tombstones have been found at Salé and Tangier. The Jewish presence in North Africa has been described as one of the only stable constants in the region's turbulent history: the Jews arrived with the first conquerors — the Phoenicians — and remained after everyone else had already left.

When Fez Was Founded, the Jews Were Already There

When the city of Fez was founded in 798, Jews were already present — some of them, according to the sources, brought there by the city's own founder, Idris II. In the tenth century, Fez became an independent center of Torah learning, no longer dependent on the Geonim of Babylon. From that point on, the heads of the "Land of Israel Yeshiva" — the supreme Torah institution in Jerusalem itself — began arriving from North Africa, some of them natives of Fez and Sijilmasa. The familiar direction is influence flowing from the center outward to the periphery. Here, it happened the other way, too.

A Golden Age, in Muslim Testimony

In the mid-eleventh century, the Almoravid dynasty took control of Morocco, opening a period of relative security that lasted roughly a century. Jews were appointed to viziership, served as court physicians, and worked as poets and thinkers. The Andalusian Muslim historian al-Bakri wrote of this period: "The Jews were more numerous in Fez than in any other city in the Maghreb. From there, they set out on trading journeys to every country in the world."

Maimonides was here, too

During that very period, Rabbi Maimon the Judge and his son — Maimonides — were active in Fez, writing letters of encouragement to the local community. This was not a marginal way station in his life. This was a community he knew from the inside, before he ever reached Fustat in Egypt.

There is a small, remarkable piece of evidence that this figure continues to echo far from the Middle East. In the U.S. House of Representatives in Washington, twenty-three marble reliefs of historical "lawgivers" hang on the chamber walls — alongside Hammurabi, King Solomon, and Thomas Jefferson stands Maimonides. When the sculptor who created the relief in 1949 designed his likeness, she originally wanted to place a yarmulke on his head — so that he would look like a more "recognizable American Jew." A turban, which would have been far more historically accurate for a twelfth-century Middle Eastern-North African Jew, seemed to her less "Jewish." Even in Washington in 1949, someone tried to reshape an Eastern figure to fit a more familiar expectation.

It Wasn't Always Easy

In 1465, during a revolt that toppled the ruling dynasty, nearly the entire Jewish community of Fez was massacred — from thousands of souls, according to the accounts, only eleven survived. That, too, is part of the story.

But the community rose again. A wave of Spanish and Portuguese exiles that arrived only a few decades later brought renewed economic and spiritual flourishing — and a community that had buried nearly all its children rebuilt itself once more, this time with an added layer of wisdom, wealth, and experience.Image
(2/3)
Chapter Two: The Torah That Came Out of Fez

[Image: The Ibn Danan Synagogue, Fez — interior of the hall, with its turquoise-blue columns and traditional chandeliers]

"From Fez, Torah shall go out to all the lands" — so it was said. And it wasn't an exaggeration.

A Synagogue That Outlasted Three Dynasties

Look at this place. Blue columns, antique metal chandeliers, dark wooden benches that served generations of worshippers. The Ibn Danan Synagogue in Fez, built in the seventeenth century, is named for a family that is itself a story of continuity: the Ibn Danan family originally fled to Granada, Spain, then returned to Morocco after the 1492 expulsion — and from 1812 until the synagogue's closure in the 1960s, every rabbi who served there came from that same family. Nearly a hundred and fifty years of a single rabbinic dynasty, in a single place.

Two Worlds Meet

The Spanish exiles who arrived at the end of the fifteenth century found in Fez a Jewish community far older than themselves — the "Toshavim" (natives). The two worlds spoke a different prayer rite, held different dietary customs, and at times argued bitterly (a dispute that lasted decades was called the "Polmus HaNefiha"). But gradually, they merged.

Dynasties That Held for Generations

Just as we saw in Egypt with the Maimonides family, so too in Morocco: entire families of scholars inherited the rabbinate generation after generation — Toledano, Berdugo, Ibn Danan, Ibn Tzur. Rabbi Yaakov Ibn Tzur (the Yaavetz, 1673–1753) headed the rabbinical court of Fez, and in 1698 compiled the "Takanot of Fez" — roughly a quarter of a thousand legal ordinances, formulated by generations of rabbis over the two centuries following the Spanish expulsion. These ordinances gradually became the binding legal code for most of Moroccan Jewry.

A Sophisticated Legal System

The rabbinical court system was remarkably well organized: ordinances documented from 1603, 1611, and 1737 — including explicit protections for the elderly, orphans, and widows. When a small community lacked sufficiently senior judges, it would formally accept the authority of a neighboring city's court.

The Connection to Safed No One Talks About

Rabbi Chaim ibn Attar, author of the celebrated commentary "Or HaChaim," was born in Salé, Morocco. Other scholars from the Dra'a region were engaged in deep Kabbalistic study even before Safed became the world center of Kabbalah — and some of them went on to join the disciples of the Ari himself.Image
(3/3)

Chapter Three: The Communal Flourishing

[Image: "Jewish Wedding in Morocco," Alfred Dehodencq, 1839 — displayed at the Louvre Museum, Paris]

Look at this painting. A dancer at the center of the room, her hands raised mid-motion. Oud and drum players accompany her. All around — a full crowd, men and women, children peeking from the balcony. This isn't an exotic scene the painter imagined — it's an actual Jewish wedding in Morocco, in the year 1839, documented in exacting detail by someone who witnessed it firsthand. The painting is significant enough that it hangs today in the Louvre itself.

It wasn't all Torah and law. There was also a vibrant, generous, remarkably well-organized community — documented in precise numbers.

A Census From 1879

Rabbi Avner Yisrael HaTzarfati of Fez conducted a detailed census in 1879 of the Jewish population of five Moroccan cities, including family names. The result: 5,844 Jews in Fez, 4,608 in Meknes, 2,168 in Sefrou. These aren't rough estimates — they are precise household counts, preserved and published.

Women Who Built Institutions From Nothing

Rivka Toledano in Meknes founded a Torah school, a feeding program for poor children, and an aid organization for couples in need — all on her own initiative. In Fez, Simcha bat HaMelech cooked with her own hands for Torah-school children for twenty years as a full volunteer, and Zahara Sabhon earned the title "Mother of the Children" for her devotion.

A Society for Visiting the Sick

Rabbi Shalom Sudri turned his private shop into a storehouse of medicine for the community's sick. Nissim Chayon served as president of the "Bikur Cholim" society in Meknes for forty-five years — an organized communal infrastructure, built and sustained by private individuals.

It Wasn't Always Easy, Here Too

In 1903, violent riots broke out in Meknes amid a succession crisis in the ruling government. Rabbi Chaim Mashash, so the story goes, went out in prayer that stopped the rioters before they could cause even greater damage. The community, as always, carried on afterward.Image
Read 4 tweets
Jul 6
Doctor:
“No había ultrasonido. No era mi culpa.”
💁🏻‍♂️

Esa puede ser una defensa humanamente comprensible.

Pero en un juicio por negligencia médica puede ser una defensa jurídicamente pobre.

Y cada vez va a ser más pobre.

Abro hilo. 🧵
Primero lo obvio:

El médico no es almacén.
No es compras.
No es biomédica.
No es dirección.
No decide presupuestos.
No licita equipos.
No repara el ultrasonido descompuesto con un estetoscopio y tres curitas.

Eso es cierto.

Pero no termina ahí.
Porque el médico sabe cosas que el paciente normalmente no:

Sabe qué equipo falta.
Sabe qué procedimiento sería más seguro.
Sabe cuándo una técnica aumenta riesgos.
Sabe cuándo una carencia institucional ya no es simple incomodidad, sino riesgo clínico.

El paciente no sabe todo esto 🫵🏻
Read 22 tweets
Jul 6
Become a Rainmaker.

It’s 10:24 PM. Your phone buzzes.

Our meteorologists have identified a seeding window in Northern Utah.

You’ve got ten hours to turn supercooled liquid water into snow that will feed into the farms and communities that need water now more than ever.

🧵Image
At headquarters, your team scouts the mission and loads the F-150 with drones, generators, laptops, and a Starlink. Your dog jumps in the cab with you, ready for adventure.

The Agile Deployment Vehicle smells like Red Bull as your crew heads north towards the mountains. The temperature outside is dropping. Single digits by the time you reach the launch site.
Your fingers are clumsy with the cold as you run pre-flight checks, but you’ve done it enough times that your hands know what to do.

Your drone lifts into the sky, then out of sight.
Read 7 tweets
Jul 6
I’ve studied these two and written biographies’ worth of articles on them. They are a unique byproduct of deeply abusive families and an apartheid education system that trained them to believe they were the superior race.

They were also taught to hate people like themselves.

Peter Thiel was a young gay boy in a town & a school that were the last places in the world to use “Heil Hitler” as a greeting. Peter both believes he is superior but also that he is defective. That’s why he’s a dedicated transhumanist. He wants to ESCAPE this world—and himself—by any means necessary.

Elon is the quintessential incel—an asocial nerd with sociopathic, abusive, racist parents. He got put in the hospital for being an asshole at school. He morphed his father’s sci-fi bedtime stories and his apartheid brainwashing into a grandiose delusions of being the emperor of a colony on Mars—white people only.

The result is a messianic malignant narcissist who believes he has the right to enact a eugenics program on the world—“for our own good.” USAID was just the start.

Elon Musk doesn’t think “takers” should vote. He thinks empathy is suicidal. He actively stokes race war.

For Peter and Elon, the emotional compression of both hating everyone who doesn’t look like them AND hating themselves created genocidal monsters—because they there is nowhere to run. They’re trapped in their own private hell and they don’t care who it hurts to escape.

They found each other 30 years ago and started collaborating on the project of burning down American constitutional democracy so they can create a corporate feudalist dictatorship from the ashes. They see human life as dirty, unnecessary, and complicated. They want death—a lot of it.

Erich Fromm, who defined the term “malignant narcissist” would have called them necrophiles. They much prefer machines to people.

The American system not only failed to filter out these extraordinarily evil creatures but actively elevated them to a position of being able to present an existential danger as they do now. That failure is a cross-section of everything that needs to change.

These are the exact people we should never allow to call themselves Americans, much less give them untold billions of our tax dollars to destroy the very systems they used to obtain their obscene hoards of wealth.

We became too tolerant, too weak, and too complacent.

We have to kick this evil out or be swallowed by it. Those are the only two choices.
Peter Thiel’s obsession with the Antichrist, which he says can be seen in the Pope and Greta Thunberg, is 100% projection.

He set up his entire business empire to profit from maximum suffering and death. And then he set up a shadow empire to cause it.
mind-war.com/p/i-am-an-athe…
Never forget the whole reason we’re in this mess is a conspiracy between Jeffrey Epstein, Peter Thiel, and the Russian government—who had a secret meeting hours before John Podesta’s Russian-hacked emails & the Access Hollywood video were released in 2016.
mind-war.com/p/the-big-reve…
Read 8 tweets
Jul 6
The Wall Street Journal published an article today that gives insight into how European leaders reacted to Trump rupturing their countries' relationship with America. These details are honestly nauseating and shameful for America. Let's dive in: Image
The clock neared midnight in Brussels, at the European Council headquarters, in the fifth hour of an emergency meeting on how to manage the breakup with America, its largest trading partner. The heads of state, 30 of them, would later call it an emotional "therapy session."
Emmanuel Macron said "we are drawing a line here. After trying to placate Trump for a year with a mix of flattery and concessions, French and Danish troops were in Greenland, prepared to go to war with America, for kinetic action (NATO has a larger ground force than the U.S.).
Read 8 tweets
Jul 6
Introducing RWAs on CoinGecko ✨

You can now track tokenized stocks and commodities from Gold and Silver to $NVDA and $SPCX.

See:
• Real-world benchmark prices
• Tokenized prices
• Aggregated market cap & volume
• Related tokens and trading markets

coingecko.com/en/real-world-…
1/ Our new RWA page gives you an overview of the tokenized market, including:

• Total market cap & trading volume
• Top gainers
• Commodities & Stocks categories
• Rankings of the largest tokenized assets Image
2/ Tokenized assets don't always trade exactly in line with the underlying asset.

That's why every RWA page lets you compare:

• Underlying asset price
• Aggregated tokenized price
• Premiums or discounts across tokenized markets

Example: If you're following $SPCX (@SpaceX), you can compare the benchmark price alongside tokenized assets to better understand the market.

coingecko.com/en/stocks/spac…
Read 5 tweets
Jul 6
A murder was committed 31 years ago and challenges an evidentiary matter on habeas corpus review. The full Fifth Circuit takes the case. Judge J.E. Smith writes a rare "disgrantle"--dissenting from the grant of full court rehearing. Image
Judge J.E. Smith's writing lays out his theory of en banc review: The Fifth Circuit should not be squeamish about proceeding, but they should reserve it for weightier issues. Image
Image
"We are in our fourth decade of delaying, and thus denying, justice for" the murder victim, Judge Smith concludes. With a touch of snark about some of the vote counts in an earlier en banc proceeding, either way the issue the panel resolved will be resolved on *an* appeal Image
Read 4 tweets
Jul 6
New Anthropic research: A global workspace in language models.

Of everything happening in your brain right now, only a tiny fraction is consciously accessible—thoughts you can describe, hold in mind, and reason with.

We found a strikingly similar divide inside Claude.
In neuroscience, global workspace theory holds that thoughts become consciously accessible when they enter a privileged workspace that’s broadcast across the brain.

Using a new interpretability technique, we found something similar in Claude: the J-space. anthropic.com/research/globa…
The J-space (named after the Jacobian, the mathematical technique we used) is different from Claude’s outputs, or even its “chain of thought” text.

It’s in the model’s internal neural activations, and allows it to think about concepts without writing them down anywhere.
Read 12 tweets
Jul 6
*EU Monthly Energy/Power Misery Report* June '26
Most commentators are fixated with absolute Power Prices, and rightly so.
June 2026 - arguably one of the hottest June on Record where mammoth-size Power Demand for cooling sent Gross Wholesale Power prices through the roof in 1/ Image
absolute terms in IT, DE (2nd-dearest June in 10yrs) and relative terms in both Spain (+28.4%MoM) and France (26.6% MoM).
It is now abundantly clear how RES alone - after having cost 000's of Billion of Euros in State subsidies and in negated adaptation efforts - DO NOT SHIELD /2 Image
from soaring Power Prices.
The table below shows how mounting addition of RES ex Hydro Generation to DE, IT Power Mix did nothing to prevent wholesale power prices from doubling, trebling over the past decade.
Spain and France play a league of their own for a /3 Image
Read 8 tweets