Jan Fichtner
@janfichtner.bsky.social
Senior Research Fellow SuFi Project @UniWH & @UvACorpnet | Global finance, age of passive investing, index providers, ESG, sustainable finance, greenwashing, decarbonization | www.jfichtner.net
Pinned
🚨New publication with Kristijan Kotarski:
Enduring Structural Power? Assessing the Dominance of the Anglosphere in Global Finance Before the Trump Turn
Includes novel visualizations of global finance (banking, portfolio inv & FDI) showing persistent US centrality
hrcak.srce.hr/clanak/487488
Enduring Structural Power? Assessing the Dominance of the Anglosphere in Global Finance Before the Trump Turn
Includes novel visualizations of global finance (banking, portfolio inv & FDI) showing persistent US centrality
hrcak.srce.hr/clanak/487488
Reposted by Jan Fichtner
'Vogtle’s two new #nuclear reactors in Georgia is a cautionary tale written in soaring electric bills and a growing political fallout. The people of Georgia are paying the price, literally, as their utility bills have skyrocketed by over 40%'
nuclearcosts.org/finally-some...
nuclearcosts.org/finally-some...
Finally Some Accountability for Georgia’s Costly Nuclear Power Mistake – Nuclear Costs
nuclearcosts.org
November 15, 2025 at 8:41 AM
'Vogtle’s two new #nuclear reactors in Georgia is a cautionary tale written in soaring electric bills and a growing political fallout. The people of Georgia are paying the price, literally, as their utility bills have skyrocketed by over 40%'
nuclearcosts.org/finally-some...
nuclearcosts.org/finally-some...
Reposted by Jan Fichtner
Wild graphic on front page of WSJ.
November 14, 2025 at 7:47 PM
Wild graphic on front page of WSJ.
Reposted by Jan Fichtner
Reposted by Jan Fichtner
holy moly our Hopkins lab data @nzpolicylab.bsky.social is in the IEA's energy bible!!
the cool kids are actually reading the IEA World energy outlook 2025 till page 76 and not having heads turned by the silly trumpist pressure CPS scenario getting all the headlines....
www.iea.org/reports/worl...
the cool kids are actually reading the IEA World energy outlook 2025 till page 76 and not having heads turned by the silly trumpist pressure CPS scenario getting all the headlines....
www.iea.org/reports/worl...
November 14, 2025 at 3:18 PM
holy moly our Hopkins lab data @nzpolicylab.bsky.social is in the IEA's energy bible!!
the cool kids are actually reading the IEA World energy outlook 2025 till page 76 and not having heads turned by the silly trumpist pressure CPS scenario getting all the headlines....
www.iea.org/reports/worl...
the cool kids are actually reading the IEA World energy outlook 2025 till page 76 and not having heads turned by the silly trumpist pressure CPS scenario getting all the headlines....
www.iea.org/reports/worl...
Reposted by Jan Fichtner
If the NYT told the story of the homeless teenager exploited by Matt Gaetz with even half as much empathy as it tells the story of Olivia Nuzzi, it would be in danger of committing journalism.
November 14, 2025 at 5:47 PM
If the NYT told the story of the homeless teenager exploited by Matt Gaetz with even half as much empathy as it tells the story of Olivia Nuzzi, it would be in danger of committing journalism.
Reposted by Jan Fichtner
Das ist der Kern der rechten Politik hüben wie drüben. Einigen Menschen muss es schlecht gehen, damit es anderen gut geht.
Das ist rein zufällig auch zugleich der Kern unserer aktuellen Art zu Wirtschaften.
Das ist rein zufällig auch zugleich der Kern unserer aktuellen Art zu Wirtschaften.
JD Vance: "A lot of young people are saying housing is way too expensive. Why is that? Because we flooded the country with 30 million illegal immigrants who were taking houses that ought by right go to American citizens."
November 14, 2025 at 7:41 AM
Das ist der Kern der rechten Politik hüben wie drüben. Einigen Menschen muss es schlecht gehen, damit es anderen gut geht.
Das ist rein zufällig auch zugleich der Kern unserer aktuellen Art zu Wirtschaften.
Das ist rein zufällig auch zugleich der Kern unserer aktuellen Art zu Wirtschaften.
Reposted by Jan Fichtner
Diese Bundesregierung erhöht den Preis für das Deutschlandticket der Bahn und macht Fliegen wieder billiger (Senkung der Ticketsteuer).
Das ist völlig verrückt.
Das ist völlig verrückt.
November 13, 2025 at 9:25 PM
Diese Bundesregierung erhöht den Preis für das Deutschlandticket der Bahn und macht Fliegen wieder billiger (Senkung der Ticketsteuer).
Das ist völlig verrückt.
Das ist völlig verrückt.
Reposted by Jan Fichtner
An interesting tidbit in the joint status report filed in the Broadview ICE facility case today:
ICE says video from inside the facility "between October 19, 2025, and October 31, 2025, has been irretrievably destroyed" and can't be produced in discovery.
www.courtlistener.com/docket/71832...
ICE says video from inside the facility "between October 19, 2025, and October 31, 2025, has been irretrievably destroyed" and can't be produced in discovery.
www.courtlistener.com/docket/71832...
November 13, 2025 at 6:39 PM
An interesting tidbit in the joint status report filed in the Broadview ICE facility case today:
ICE says video from inside the facility "between October 19, 2025, and October 31, 2025, has been irretrievably destroyed" and can't be produced in discovery.
www.courtlistener.com/docket/71832...
ICE says video from inside the facility "between October 19, 2025, and October 31, 2025, has been irretrievably destroyed" and can't be produced in discovery.
www.courtlistener.com/docket/71832...
Reposted by Jan Fichtner
Once a leader on climate action, the EU has given in to the right’s green-bashing. From deforestation to carbon pricing, vital policies are being watered down in the name of ‘competitiveness’. But Europe is shooting itself in the foot. My piece @theguardian.com
www.theguardian.com/commentisfre...
www.theguardian.com/commentisfre...
Once a global leader on climate action, the EU has given in to the right’s green-bashing | Nathalie Tocci
From deforestation to emissions trading, vital policies are being watered down in the name of ‘competitiveness’, says Guardian Europe columnist Nathalie Tocci
www.theguardian.com
November 14, 2025 at 6:12 AM
Once a leader on climate action, the EU has given in to the right’s green-bashing. From deforestation to carbon pricing, vital policies are being watered down in the name of ‘competitiveness’. But Europe is shooting itself in the foot. My piece @theguardian.com
www.theguardian.com/commentisfre...
www.theguardian.com/commentisfre...
Reposted by Jan Fichtner
Climate breakdown is driven by a storm of lies. This lying is systemic, funded and coordinated, and operates across almost all media, old and new.
This week's column argues that we cannot fight the climate crisis without also fighting the epistemic crisis.
www.theguardian.com/commentisfre...
This week's column argues that we cannot fight the climate crisis without also fighting the epistemic crisis.
www.theguardian.com/commentisfre...
Dark forces are preventing us fighting the climate crisis – by taking knowledge hostage | George Monbiot
The fundamental problem is this: that most of the means of communication are owned or influenced by the very rich, says Guardian columnist George Monbiot
www.theguardian.com
November 14, 2025 at 6:47 AM
Climate breakdown is driven by a storm of lies. This lying is systemic, funded and coordinated, and operates across almost all media, old and new.
This week's column argues that we cannot fight the climate crisis without also fighting the epistemic crisis.
www.theguardian.com/commentisfre...
This week's column argues that we cannot fight the climate crisis without also fighting the epistemic crisis.
www.theguardian.com/commentisfre...
Reposted by Jan Fichtner
While the COP is an important milestone every year, the real engine of global climate action is now industrial policy.
That’s why next Friday, as COP closes, we will launch the Clean Industrial Capabilities Explorer.
Register in-person: luma.com/cd2255t4
Sign up for the webinar: bit.ly/484IS5o
That’s why next Friday, as COP closes, we will launch the Clean Industrial Capabilities Explorer.
Register in-person: luma.com/cd2255t4
Sign up for the webinar: bit.ly/484IS5o
Clean Industrial Capabilities Explorer (CICE) Launch Event · Luma
The energy transition is creating economic and geopolitical opportunities in clean technologies, prompting countries to craft industrial policies that position…
luma.com
November 13, 2025 at 9:31 PM
While the COP is an important milestone every year, the real engine of global climate action is now industrial policy.
That’s why next Friday, as COP closes, we will launch the Clean Industrial Capabilities Explorer.
Register in-person: luma.com/cd2255t4
Sign up for the webinar: bit.ly/484IS5o
That’s why next Friday, as COP closes, we will launch the Clean Industrial Capabilities Explorer.
Register in-person: luma.com/cd2255t4
Sign up for the webinar: bit.ly/484IS5o
Reposted by Jan Fichtner
Climate effects aside, just the sheer scale of our emissions are astounding. Humanity makes more CO2 every year than all other materials we produce combined
1) Fossil fuel
Still no peak. Emissions are projected to increase by 1.1% in 2025, reaching 38.1 GtCO2. An all time high.
Still no peak. Emissions are projected to increase by 1.1% in 2025, reaching 38.1 GtCO2. An all time high.
November 13, 2025 at 5:09 PM
Climate effects aside, just the sheer scale of our emissions are astounding. Humanity makes more CO2 every year than all other materials we produce combined
Insane in the brain.
"The ban goes into effect 365 days after the spending bill is signed by President Donald Trump.
Trump supports the #hemp restrictions, an unnamed White House official told NBC News earlier in the week."
mjbizdaily.com/28-billion-i...
#Cannabis #MMJ
Trump supports the #hemp restrictions, an unnamed White House official told NBC News earlier in the week."
mjbizdaily.com/28-billion-i...
#Cannabis #MMJ
$28 billion industry outlawed as Congress passes hemp THC ban
Nearly all hemp businesses in the U.S. are in mortal danger after Congress redefined hemp to outlaw hemp-derived THC.
mjbizdaily.com
November 13, 2025 at 6:55 AM
Insane in the brain.
China is the dominant factor driving the economic challenges that the German economy is currently facing - not too much climate protection or the shut-down of a few nuclear reactors.
Just in time for German vice chancellor Klingbeil’s China visit more evidence of China shock gutting German core industries.
www.ft.com/content/239e...
www.ft.com/content/239e...
November 13, 2025 at 6:54 AM
China is the dominant factor driving the economic challenges that the German economy is currently facing - not too much climate protection or the shut-down of a few nuclear reactors.
Reposted by Jan Fichtner
NEW: Jeffrey Epstein said in emails that he had been advising the Russian government on how to deal with Donald Trump, one of several cases in which he wielded his connections to try to influence the course of foreign affairs. w @nahaltoosi
www.politico.com/news/2025/11...
www.politico.com/news/2025/11...
November 12, 2025 at 8:43 PM
NEW: Jeffrey Epstein said in emails that he had been advising the Russian government on how to deal with Donald Trump, one of several cases in which he wielded his connections to try to influence the course of foreign affairs. w @nahaltoosi
www.politico.com/news/2025/11...
www.politico.com/news/2025/11...
😑
Before the election, my MAGA focus group said their top issues were ending inflation and releasing the Epstein files. Now they say their top issues are starting a war with Venezuela and naming the Washington Commanders’ new stadium after Trump.
November 12, 2025 at 9:27 PM
😑
Reposted by Jan Fichtner
“All of this, all of the tactics of (senior Border Patrol official Gregory) Bovino, all of the tactics of ICE have been unlawful in the vast, vast majority of arrests,” Mark Fleming, National Immigrant Justice Center attorney, said in a news conference Wednesday."
JUST IN: Federal judge orders release of hundreds of people arrested in Trump's immigration crackdown in Illinois, according to CNN affiliate WLS.
https://cnn.it/3LzqUPL
https://cnn.it/3LzqUPL
WLS: Judge orders release of hundreds arrested in Illinois immigration crackdown | CNN
A federal judge ordered the release of hundreds of people arrested as part of the Trump administration’s immigration crackdown in Illinois, according to CNN affiliate WLS, dealing a blow to federal ef...
www.cnn.com
November 12, 2025 at 8:17 PM
“All of this, all of the tactics of (senior Border Patrol official Gregory) Bovino, all of the tactics of ICE have been unlawful in the vast, vast majority of arrests,” Mark Fleming, National Immigrant Justice Center attorney, said in a news conference Wednesday."
Reposted by Jan Fichtner
Part of a bizarre performance which included comparing himself, “a kind of dissident”, to Kara-Murza sitting next to him (the latter was not happy).
A leader of the far-right Alternative for Germany party said Russian President Vladimir Putin’s Russia doesn’t pose a threat to his country — but that Poland potentially does.
AfD leader says Putin poses no threat to Germany, warning instead of Poland
The comments come as mainstream German politicians increasingly portray the far-right party as a fifth column promoting the Kremlin’s interests.
www.politico.eu
November 12, 2025 at 8:17 PM
Part of a bizarre performance which included comparing himself, “a kind of dissident”, to Kara-Murza sitting next to him (the latter was not happy).
Reposted by Jan Fichtner
This puts the "solar farm is spoiling the view where I walk my dogs" complaints into perspective
Fossil fuel projects around the world threaten the health of 2bn people – report
Exclusive: ‘Deep-rooted injustices’ affect billions of people due to location of wells, pipelines and other infrastructure
www.theguardian.com
November 12, 2025 at 9:12 AM
This puts the "solar farm is spoiling the view where I walk my dogs" complaints into perspective
Reposted by Jan Fichtner
We took a Minsky-style approach to understanding the refinancing risks across the sector and how they all interact. In other words, we made a TON of T-Charts to show exactly how capital flows. Balance sheets gotta balance!
November 12, 2025 at 1:34 PM
We took a Minsky-style approach to understanding the refinancing risks across the sector and how they all interact. In other words, we made a TON of T-Charts to show exactly how capital flows. Balance sheets gotta balance!
Reposted by Jan Fichtner
Today's new @publicenterprise.bsky.social report is a comprehensive analysis of the capital structure of the entire AI sector: data center real estate, GPU markets, private credit, you name it.
It's also a financial risk management framework for policymakers!
publicenterprise.org/report/bubbl...
It's also a financial risk management framework for policymakers!
publicenterprise.org/report/bubbl...
Bubble or Nothing
Policymakers concerned about the deployment of clean energy and compute-focused infrastructure over the long term need a framework for managing the uncertainty in the AI sector's investment landscape—...
publicenterprise.org
November 12, 2025 at 1:34 PM
Today's new @publicenterprise.bsky.social report is a comprehensive analysis of the capital structure of the entire AI sector: data center real estate, GPU markets, private credit, you name it.
It's also a financial risk management framework for policymakers!
publicenterprise.org/report/bubbl...
It's also a financial risk management framework for policymakers!
publicenterprise.org/report/bubbl...
Reposted by Jan Fichtner
"Data centers are an asset with the characteristics of both real estate and infrastructure: Data centers have tenants, large tech companies, that are undertaking expensive long-term capital investment plays with fast-depreciating assets and minimal cash flow..." publicenterprise.org/report/bubbl...
Bubble or Nothing
Policymakers concerned about the deployment of clean energy and compute-focused infrastructure over the long term need a framework for managing the uncertainty in the AI sector's investment landscape—...
publicenterprise.org
November 12, 2025 at 3:26 PM
"Data centers are an asset with the characteristics of both real estate and infrastructure: Data centers have tenants, large tech companies, that are undertaking expensive long-term capital investment plays with fast-depreciating assets and minimal cash flow..." publicenterprise.org/report/bubbl...
Reposted by Jan Fichtner
Evidence that new US sanctions on Russian oil are starting to bite:
"China's state oil companies and some Indian refiners are avoiding buying Russian oil due to concerns about falling foul of secondary sanctions."
Link: www.msn.com/en-us/money/...
"China's state oil companies and some Indian refiners are avoiding buying Russian oil due to concerns about falling foul of secondary sanctions."
Link: www.msn.com/en-us/money/...
November 12, 2025 at 6:15 PM
Evidence that new US sanctions on Russian oil are starting to bite:
"China's state oil companies and some Indian refiners are avoiding buying Russian oil due to concerns about falling foul of secondary sanctions."
Link: www.msn.com/en-us/money/...
"China's state oil companies and some Indian refiners are avoiding buying Russian oil due to concerns about falling foul of secondary sanctions."
Link: www.msn.com/en-us/money/...
Reposted by Jan Fichtner
Gopinath via Tooze: "a dotcom-sized adjustment to US equity markets would today inflict losses of $20tn on US investors and $15tn on the rest of the world. That is 70% of US GDP and 20 per cent of the rest of the world’s. More than enough to spark a severe recession."
www.ft.com/content/ac77...
www.ft.com/content/ac77...
Maga + AI is not a recipe for stability
The latest tech bubble offers only short-term protection for Trump
www.ft.com
November 12, 2025 at 2:58 PM
Gopinath via Tooze: "a dotcom-sized adjustment to US equity markets would today inflict losses of $20tn on US investors and $15tn on the rest of the world. That is 70% of US GDP and 20 per cent of the rest of the world’s. More than enough to spark a severe recession."
www.ft.com/content/ac77...
www.ft.com/content/ac77...
Reposted by Jan Fichtner
davekarpf.substack.com/p/every-gene... This by @davekarpf.bsky.social is very, _very_ good. Much traditional media is badly geared to understand movement politics, and often, it helps to actually know stuff!
Every generation gets to recreate the environmental movement to suit its own purposes
Some big-picture reactions to a recent NYT piece
davekarpf.substack.com
November 12, 2025 at 1:18 PM
davekarpf.substack.com/p/every-gene... This by @davekarpf.bsky.social is very, _very_ good. Much traditional media is badly geared to understand movement politics, and often, it helps to actually know stuff!