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Feds Fine Durham Energy Efficiency Co $722M

https://www.theassemblync.com/news/business/american-efficient-ferc-durham-fine/
7•ChuckMcM•1d ago

Comments

ChuckMcM•1d ago
This is a wild story about creating a business that buys and sells not using electricity. I jokingly suggested you could build an 'energy consumption facility' which was just a big resistor connected to ground (which is all an unprofitable bitcoin mining rig is) and then get paid for not using it.

The original source for this was Matt Levine over at Bloomberg. His take is also quite good: https://www.bloomberg.com/opinion/newsletters/2026-04-30/sel...

mitchbob•58m ago
Thanks for the Matt Levine link! Archived version:

https://archive.ph/2026.05.02-224747/https://www.bloomberg.c...

ryandamm•46m ago
It's worth signing up for Levine's free newsletter and listening to the podcast (though there is substantial overlap in the content, it's still fun to hear what you've already read).

His take on this, crypto, all things Elon Musk, and the current 'predictions market' are funny and insightful.

prattmic•36m ago
“His specialty was alfalfa, and he made a good thing out of not growing any. The government paid him well for every bushel of alfalfa he did not grow. The more alfalfa he did not grow, the more money the government gave him, and he spent every penny he didn't earn on new land to increase the amount of alfalfa he did not produce. Major Major's father worked without rest at not growing alfalfa. On long winter evenings he remained indoors and did not mend harness, and he sprang out of bed at the crack of noon every day just to make certain that the chores would not be done. He invested in land wisely and soon was not growing more alfalfa than any other man in the county. Neighbours sought him out for advice on all subjects, for he had made much money and was therefore wise. “As ye sow, so shall ye reap,” he counselled one and all, and everyone said “Amen.”

-Joseph Heller, Catch-22

idiotsecant•32m ago
This is possible, but the interconnect queues and costs are enormous. You'd be better off using a big battery instead of a resistor, then you can sell it both ways, and not rely on the portion of the day in the right portion of the year that there are widespread negative prices in California.
skew-aberration•1d ago
I can't help but feel that this article is burying the lede. According to FERC, Home Depot sold 'Environmental Attributes' to America Efficient, not mere sales data. 'Environmental Attributes' are intrinsic to the energy saving device, and it should not be possible to sell them separately without a contract with the consumers. Therefore, Home Depot themselves would appear to be heavily implicated - but the possibility is not discussed.

The energy savings were sold by HD twice - once to the customer (who pays a premium for less energy usage, and may also have claimed federal tax credits), and once more to America Efficient (who sold them to the state / grid operator non-profits).

It's an interesting kind of subsidy arbitrage - since businesses can benefit from subsidies that consumers cannot, it creates an incentive to carve out the subsidy-granting-essence from consumers sales and sell them on in aggregate.

Agents can now create Cloudflare accounts, buy domains, and deploy

https://blog.cloudflare.com/agents-stripe-projects/
76•rolph•1h ago•23 comments

StarFighter 16-Inch

https://us.starlabs.systems/pages/starfighter
113•signa11•2h ago•65 comments

Telus Uses AI to Alter Call-Agent Accents

https://letsdatascience.com/news/telus-uses-ai-to-alter-call-agent-accents-a3868f63
72•debo_•3h ago•39 comments

.de TLD offline due to DNSSEC?

https://dnssec-analyzer.verisignlabs.com/nic.de
572•warpspin•8h ago•276 comments

Accelerating Gemma 4: faster inference with multi-token prediction drafters

https://blog.google/innovation-and-ai/technology/developers-tools/multi-token-prediction-gemma-4/
500•amrrs•12h ago•224 comments

Update on "Co-authored-by: Copilot" in commit messages

https://github.com/microsoft/vscode/issues/314311
39•extesy•1h ago•19 comments

Write some software, give it away for free

https://nonogra.ph/write-some-software-give-it-away-for-free-05-05-2026
184•nohell•7h ago•127 comments

Computer Use is 45x more expensive than structured APIs

https://reflex.dev/blog/computer-use-is-45x-more-expensive-than-structured-apis/
353•palashawas•12h ago•205 comments

Three Inverse Laws of AI

https://susam.net/inverse-laws-of-robotics.html
392•blenderob•13h ago•267 comments

Ombudsman column: The Pentagon is trying to silence me

https://www.stripes.com/opinion/2026-04-23/stripes-former-ombudsman-pentagon-trying-to-silence-21...
63•petethomas•1h ago•2 comments

YouTube, your RSS feeds are broken

https://openrss.org/blog/youtube-your-feeds-are-broken
24•veeti•3h ago•7 comments

EEVblog: The 555 Timer is 55 years old [video]

https://www.youtube.com/watch?v=6JhK8iCQuqI
256•brudgers•12h ago•64 comments

Why most product tours get skipped

https://productonboarding.com/articles/why-product-tours-get-skipped
103•pancomplex•7h ago•90 comments

Wiki Builder: Skill to Build LLM Knowledge Bases

https://academy.dair.ai/blog/wiki-builder-claude-code-plugin
30•omarsar•2d ago•2 comments

Show HN: Explore color palettes inspired by 3000 master painter artworks

https://paletteinspiration.com/
134•ouli•10h ago•49 comments

Agents for financial services and insurance

https://www.anthropic.com/news/finance-agents
217•louiereederson•13h ago•167 comments

Google Chrome silently installs a 4 GB AI model on your device without consent

https://www.thatprivacyguy.com/blog/chrome-silent-nano-install/
1325•john-doe•21h ago•888 comments

Show HN: Airbyte Agents – context for agents across multiple data sources

107•mtricot•13h ago•27 comments

Today I've made the difficult decision to reduce the size of Coinbase by ~14%

https://twitter.com/brian_armstrong/status/2051616759145185723
306•adrianmsmith•16h ago•448 comments

I'm scared about biological computing

https://kuber.studio/blog/Reflections/I%27m-Scared-About-Biological-Computing
170•kuberwastaken•12h ago•146 comments

Make some art with your phone sensors

https://tautme.github.io/phone-sensors/sensor-etch.html
4•adm4•2d ago•0 comments

GLM-5V-Turbo: Toward a Native Foundation Model for Multimodal Agents

https://arxiv.org/abs/2604.26752
129•gmays•10h ago•27 comments

When everyone has AI and the company still learns nothing

https://www.robert-glaser.de/when-everyone-has-ai-and-the-company-still-learns-nothing/
334•youngbrioche•19h ago•225 comments

Feds Fine Durham Energy Efficiency Co $722M

https://www.theassemblync.com/news/business/american-efficient-ferc-durham-fine/
7•ChuckMcM•1d ago•6 comments

Should I run plain Docker Compose in production in 2026?

https://distr.sh/blog/running-docker-in-production/
375•pmig•5d ago•266 comments

I completed 100 Days of Java over 5 years and mapped the journey as a graph

https://mohibulsblog.netlify.app/java/100daysofjava/graph/
39•celurian92•2d ago•11 comments

California farmers to destroy 420k peach trees following Del Monte bankruptcy

https://www.sfgate.com/centralcoast/article/usda-aid-california-farmers-22240694.php
299•littlexsparkee•10h ago•352 comments

Proliferate (YC S25) Is Hiring- 200k for junior engineers

https://www.ycombinator.com/companies/proliferate/jobs/L3copvK-founding-engineer
1•pablo24602•11h ago

Zuckerberg 'Personally Authorized and Encouraged' Meta's Copyright Infringement

https://variety.com/2026/digital/news/meta-ai-mark-zuckerberg-copyright-infringement-lawsuit-publ...
311•spankibalt•10h ago•286 comments

iOS 27 is adding a 'Create a Pass' button to Apple Wallet

https://walletwallet.alen.ro/blog/ios-27-wallet-create-pass/
396•alentodorov•16h ago•296 comments