Jonathan Maxwell’s Substack
Jonathan MaxwellEfficiency, Energy, Climate, Environmental Economics, Sustainable Finance, Resources, Competition, Geopolitics
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 64 | Founded | 3 years ago | Last Issue | 9 days ago |
| Active | |||||
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jonathanmaxwell.substack.comLatest Issues
THE EDGE BRIEFING - Weekend Edition - Sunday, 2 August 2026
Two premiums moved in opposite directions. The war premium negotiated down, for now; the AI premium was audited by the market and went up. Importers are paying both, and their central banks spent the week admitting they can influence neithe...
The Circuit Breaker
“The difficulty lies, not in the new ideas, but in escaping from the old ones, which ramify, for those brought up as most of us have been, into every corner of our minds.”
- John Maynard Keynes, The General Theory (1936)
“We will make th...
THE EDGE BRIEFING – Weekend Edition – Sunday, 26 July 2026
The bills arrived, for the war premium and the AI premium at once, and the argument about who pays them began in earnest.
The week that was
Oil went back through $100 on Thursday. Brent settled at $100.69 on Thursday after Houthi missi...
THE EDGE BRIEFING — Weekend Edition — Sunday, 19 July 2026
The market is repricing the promise of intelligence. It has not repriced the physics. Megawatts are still the binding constraint, and the premium is moving to the megawatts that depend least on congested grids and contested permits: behind...
The EDGE Briefing — Weekend Edition — Sunday 12 July 2026
One word dominated the week: power. The kind nations fight over, the kind the grid can’t build fast enough, the kind about to change hands in Westminster without a vote and, underneath all of it, the question of who ends up paying.
Jonatha...
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Founder & CEO of Sustainable Development Capital LLP Author of ‘The Edge: How competition for resources is pushing the world, and its climate, to the brink - and what we can do about it …’
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