
UN Secretary-General António Guterres used London Climate Action Week to call for taxing fossil fuel windfall profits and powering AI data centers with renewables, framing it as a matter of climate justice.
businessThursday, June 25, 2026
The UN's António Guterres threw a grenade into London Climate Action Week, calling for a windfall tax on fossil fuel profits to fund climate adaptation and demanding that AI data centers be powered by renewables. It's a direct challenge to the tech industry's insatiable energy appetite, and it landed on a day when two separate pieces argued that Elon Musk's wealth is built on government support, not pure genius.
The biggest story today is a political push to connect AI's energy demand with climate accountability.

UN Secretary-General António Guterres used London Climate Action Week to call for taxing fossil fuel windfall profits and powering AI data centers with renewables, framing it as a matter of climate justice.
Anthropic accused Alibaba of illicitly extracting capabilities from Claude AI via nearly 29 million fraudulent exchanges, escalating tensions between US and Chinese AI firms.
The US-China AI race is increasingly about talent, not just technology, as illustrated by a Chinese-born engineer who left Apple to found a smart glasses startup back in China.
Two pieces independently question how much of Elon Musk's fortune comes from government support, with one noting he briefly lost trillionaire status.
A Nation piece argues Elon Musk's path to trillionaire status was built on government subsidies and contracts, not pure private enterprise, echoing a similar CNN analysis.
Elon Musk lost his trillionaire status less than two weeks after achieving it, as a global tech rout hit SpaceX and his net worth dropped to $957 billion.
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