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🚨Governor DeSantis says he is about to sign legislation that will effectively BLOCK hyperscale AI data centers from coming to Florida! “They come in and these big tech companies are building these massive data centers that take up as much power as a city of half a million people....

88,417 просмотров • 5 месяцев назад •via X (Twitter)

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Jolly: Byron Donalds’ real plan to bring down property taxes is to devalue your house by building a hyperscale data center next door to you. Byron Donalds is doing something that Donald Trump is doing and every other conflicted politician is doing who’s on all sides of this issue now. So big tech wants to come in and bring in the hyperscale data centers. Politicians like Byron Donalds have said, “Yeah, come on in. Build on our pristine lands. Give me the money in my campaign account, and I’ll let you do it.” Voters said, “Whoa, whoa, whoa. We don’t want hyperscale data centers.” And so now the position of the White House and Byron Donalds has pivoted to the following: “Ratepayer protection.” Ratepayer protection is what they’re saying to make it look like they’re pushing back. Now, understand what that means. That means that big tech and utilities have to pay their own way. They’re allowed to plunder as long as they pay for the plundering. Well, voters are saying, “We don’t want you to plunder.” And by the way, paying your own way should have been the baseline. That’s not a big reform. That’s just because they got caught subsidizing the development of these hyperscale data centers. Now, their position is, “We’re going to make them pay their own way,” and they’re taking a victory lap as though it’s some important consumer protection. No, it’s not. Look who’s cheering on the Trump-Donalds plan for hyperscale data centers. Who is cheering it on? Big tech and big utilities. Who’s against it? Voters. And so, it is a bold-faced lie when you hear Byron Donalds say, “I’m protecting the people of Florida.” No, he’s not. He’s allowing big tech and hyperscale data centers to come into your backyard, plunder our environment, devalue your property, destabilize your community, and then pat himself on the back all the way on his road to what he thinks is going to be a November victory. He’ll be proven wrong.

Acyn

64,845 просмотров • 14 дней назад

In the next 15 years, data centers are expected to add an additional $160 billion to grid costs in the US Estimate say electricity rates for average households will spike by as much as 70% Data centers are projected to triple their share of US electricity demand in the next few years The main driver is the explosive growth of data centers built by Big Tech companies like Amazon, Meta, Microsoft, Google, OpenAI and more to power artificial intelligence Places like Northern Virginia already has over 200 data centers with massive new ones planned. Utilities are striking secret proprietary deals with Big Tech companies. These are hidden behind NDAs that shift much of the infrastructure costs onto regular residential customers Just in the PJM energy market of 13 states covering 65 million people, data centers were responsible for 63% of last year’s record 800% spike in capacity prices (This is INSANE) Residential customers in places like Virginia and Louisiana are being forced to subsidize billions in new power plants and grid upgrades for data centers. An Examples of this is in Louisiana, Meta’s data center deal leaves the public potentially on the hook for half or more of a $3–4 billion power plant Again, without major policy changes, average household electricity bills could rise by up to 70% over the next 15 years due to data center demand. There is only one real way we can stop this, we must create a separate customer class for data centers Maryland and Oregon have already passed laws doing this Forces data centers to pay for the specific infrastructure they need instead of spreading the costs to everyone else. More states need to do the same Ban secret sweetheart deals Require full public disclosure of all contracts between utilities and Big Tech Prohibit deals where data centers pay below the actual cost of service Make data centers pay the full cost of new power plants and grid upgrades Change regulations so utilities cannot socialize the cost of data-center-driven infrastructure to residential and small business ratepayers This needs to be done immediately

Wall Street Apes

57,720 просмотров • 2 месяцев назад

Investigation exposes the hidden cost of data centers, “It’s in your electric bill” “Companies like Amazon and META striking secret deals with utilities. It's all proprietary. It's all behind non-disclosure agreements and blacked out documents, and lobbying for a system that leaves all of us footing their bill” “The big problem is that we're all subsidizing the wealthiest corporations in the world in their pursuit of artificial intelligence.Americans' utility bills are rising while Big Tech's profits are going through the roof” “Everyday people covering the power costs of the data center build out.” “In 2025, the tech industry is expected to spend about $475 billion on data centers up 42% since last year. Today, data centers make up about 4% of US electricity demand. In just the next three years, that's expected to triple. The United States has never generated more electricity in our history than we are today.” “He explained to me that when utilities have to pay a higher capacity price, they pass it on to consumers in the form of supply charges. According to the PJM's independent monitor, data centers were responsible for 63% of last year's price increase. We saw customers with bills $900 over $1,000. It's unfathomable that they are having to pay higher rates to support wealthy corporations building data centers.” “The basic idea is that utility builds something and you socialize the costs to all of the ratepayers that have no choice but to take that utilities service. The cost of new infrastructure mostly shows up on another part of your electric bill, sometimes called delivery charges. Utility companies are allowed to set those charges high enough to recoup every dollar they spent building, plus a regulated rate of profit, usually around 10%. So this is a huge profit opportunity.” “Last year, a utility company in Louisiana proposed to spend $3 billion on a new power plant to meet electricity demand from a Meta data center. The full terms of its deal with Meta are secret, but redacted regulatory filings have revealed that the public is on the hook for Meta's power plant. Meta has signed a 15-year deal and it only obligates them to pay for about half of that $3 to $4 billion of infrastructure, which means that there's a big risk that everyone else in Louisiana will get stuck with the rest of that bill”

Wall Street Apes

138,820 просмотров • 11 месяцев назад