EPISODE · Sep 1, 2026 · 7 MIN
The bill changed hands. The risk did not. — 1 September 2026
from The Universal Owner · host Universal Asset Owners
A federal court struck down New York's $75 billion climate-superfund law; the adaptation need survives the statute. Nvidia appears as supplier, facility leaseholder and bondholder across the AI buildout. The 10-year printed 4.75%. And the Strategic Petroleum Reserve is now a receivable as well as a tank. Full brief: https://www.universalassetowners.com/intelligence/
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The bill changed hands. The risk did not. — 1 September 2026
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