WSJ What’s News

Trump to Push Big Tech to Fund New Power Plants

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Key takeaways

  • The Trump administration proposes an unprecedented plan for tech companies to bid on construction contracts for new power plants to alleviate electricity cost concerns.
  • Canada is actively seeking to strengthen economic partnerships with China as relations with the U.S. become strained.
  • Intervention in Iran is historically complicated, and U.S. officials are weighing the potential effectiveness of military strikes against the Iranian government.
  • The U.S. government’s suggestion that dressing better could promote better behavior on flights is met with skepticism amid rising reports of in-flight disturbances.

Summary

Federal Push for Tech Companies to Finance Power Plants

In an unprecedented move, President Trump is advocating for America’s largest grid operator, PJM, to hold an emergency auction wherein tech companies can bid for 15-year contracts to construct new power plants. This proposal emerges amidst a growing resistance to new data centers and concerns regarding rising electricity costs. Energy Secretary Chris Wright has urged the Federal Energy Regulatory Commission to draft rules providing oversight for data center connections to the grid, a process typically managed by state regulators. This initiative aims to expedite and ease connections for data centers, although some state officials express concerns about governmental overreach.

Canada's Strategic Pivot Towards China

Amid deteriorating relations with the U.S., Canada's Prime Minister Mark Carney recently visited Beijing, indicating a strategic shift towards strengthening ties with China. This visit aligns with China’s attempts to enhance its global relationships, particularly with nations feeling neglected by the Trump administration. The meeting is significant for both countries, as it promises increased market access for Canadian farmers to China and introduces Chinese electric vehicles into the Canadian market—representing a thaw in previously tense trade relations.

The Complexities of U.S. Intervention in Iran

As tensions rise, the U.S. remains open to military action concerning Iran, but historical precedent suggests the complications of military intervention. Correspondent Sooner Rasmussen discusses how President Trump, while considering strikes, would be mindful of the consequences, as previous interventions have not always yielded the desired changes in political regimes. Observations indicate a need for unity among opposition groups in Iran, alongside support systems for protestors, helping to facilitate effective resistance against a heavily armed security apparatus.

Fashion as a Means to Improve Airline Conduct

In a quirky angle, the podcast discusses the U.S. government’s recent campaign urging travelers to dress better for flights, suggesting it might influence behavior on planes. However, the initiative has drawn skepticism, as incidents of unruly behavior have surged significantly since 2019, particularly during the pandemic. Meanwhile, critics argue that comfort often trumps style when enduring long waits and cramped seating in modern air travel. The episode wraps up with a light-hearted query to listeners about their usual flying attire.

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Show notes

A.M. Edition for Jan. 16. The White House is set to call for an emergency auction in which tech companies can bid to build new power plants. The unprecedented federal intervention comes as local communities push back on new data centers over their effect on electricity costs. Plus, Journal Asia political editor Peter Saidel breaks down Canada’s embrace of China amid rocky relations with Washington. And the Trump administration’s futile campaign to get people to dress better on planes. Luke Vargas hosts. 


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