diff --git a/.github/dependabot.yml b/.github/dependabot.yml
index 7809c2a9..bb2ad36d 100644
--- a/.github/dependabot.yml
+++ b/.github/dependabot.yml
@@ -11,3 +11,13 @@ updates:
       prefix: ⬆️
     schedule:
       interval: weekly
+
+  - package-ecosystem: "conda"
+    directory: "/"
+    commit-message:
+      prefix: ⬆️
+    schedule:
+      interval: weekly
+    ignore:
+      - dependency-name: "jupyter-book"
+        versions: [">=2.0"]
diff --git a/environment.yml b/environment.yml
index 55720e34..5db4b19e 100644
--- a/environment.yml
+++ b/environment.yml
@@ -3,13 +3,13 @@ channels:
   - default
 dependencies:
   - python=3.13
-  - anaconda=2025.06
+  - anaconda=2025.12
   - pip
   - pip:
-    - jupyter-book==1.0.4post1
-    - quantecon-book-theme==0.14.0
+    - jupyter-book>=1.0.4post1,<2.0
+    - quantecon-book-theme==0.15.1
     - sphinx-tojupyter==0.6.0
-    - sphinxext-rediraffe==0.2.7
+    - sphinxext-rediraffe==0.3.0
     - sphinx-exercise==1.2.1
     - sphinxcontrib-youtube==1.4.1
     - sphinx-togglebutton==0.3.2
diff --git a/lectures/_config.yml b/lectures/_config.yml
index 430ab306..e4a2395b 100644
--- a/lectures/_config.yml
+++ b/lectures/_config.yml
@@ -27,6 +27,9 @@ sphinx:
                        'https://www.reddit.com/',
                        'https://openai.com',
                        'https://chatgpt.com/']
+    nb_merge_streams: true
+    # sphinx-exercise
+    exercise_style: "solution_follow_exercise"
     html_favicon: _static/lectures-favicon.ico
     html_theme: quantecon_book_theme
     html_static_path: ['_static']