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  1. 1
    Gas Plants for AI Data Centres Put Retirement Savings at Risk▼Gas Power Plants for AI Data Centres Are a Risky Bet with Your Retirement Savings✉newsTechnologyAI50 min ago

    Commentators are warning that the rush to build new gas power plants to serve AI data centres could expose retirement and pension funds to financial risk. The argument is that heavy capital spending on fossil fuel infrastructure, justified by unpredictable AI electricity demand, may leave investors with stranded assets if demand shifts or climate policy tightens.

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    Canada Pension Plan criticised for gas power investments tied to AI data centres▼# AI # DataCentres # canada Gas Power Plants for AI Data Centres Are a Risky Bet with Your Retirement Savings The CanadaMmastodonEnvironmentClimate1210 h ago

    Critics are accusing the Canada Pension Plan Investment Board of risking the retirement savings of 22 million Canadians by backing gas power plants meant to serve AI data centres. The argument is that the pension fund should act in contributors' best interest, not gamble on fossil fuel infrastructure whose value could erode as clean energy advances and AI demand shifts.