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Maine is set to implement a full statewide temporary BAN on all Data Centers More than a dozen other states are also considering this same ban on Data Centers too “The ban would halt construction until November, 2027. That would give a newly created council time to review and... suggest guidelines to ensure data centers don't do things like lead to skyrocketing energy prices and water usage, which are some concerns for supporters of this measure. — The bill is expected to pass the State Senate as soon as today with bipartisan support. It will then be headed to Governor Janet Mills for her signature or her veto. Now, Mills did want an exemption for certain sites where data centers are already planned, but lawmakers voted down an amendment to make that change”show more

Wall Street Apes

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ABC News investigated and found more than 3,000 data centers are already operating nationwide At least 1,000 more planned Residents near data centers are seeing much as 50%+ increases on their electric bills “ABC7 has also been covering public meetings over proposed data centers and there are questions about water use and the environment. The i-team in ABC News studied this private company's data center map and found that there are at least 4,302 data center projects across the U.S. Large and small. Of those, 3,038 are currently operational with another 1,203 either under construction or plan for construction. 61 have acquired land. In Illinois, there are 164 operating data centers with another 81 planned for construction. The largest state project plan is in Yorkville. It would be 2 gigawatts and according to the ABC7 data team would use the same energy that would power approximately 1.7 million homes more than every home in the city of Chicago.”

ABC News investigated and found more than 3,000 data centers are already operating nationwide At least 1,000 more planned Residents near data centers are seeing much as 50%+ increases on their electric bills “ABC7 has also been covering public meetings over proposed data centers and there are questions about water use and the environment. The i-team in ABC News studied this private company's data center map and found that there are at least 4,302 data center projects across the U.S. Large and small. Of those, 3,038 are currently operational with another 1,203 either under construction or plan for construction. 61 have acquired land. In Illinois, there are 164 operating data centers with another 81 planned for construction. The largest state project plan is in Yorkville. It would be 2 gigawatts and according to the ABC7 data team would use the same energy that would power approximately 1.7 million homes more than every home in the city of Chicago.”

Wall Street Apes

152,024 görüntüleme • 4 ay önce

Georgia is basically turning into one large data center Get ready for this, there is no legal obligation for data centers to disclose how much water they will be using - Georgia currently has about 162 data centers already - They have an additional 141 new data centers planned - Combined these data centers will use 12+ GW or more of power, this is equivalent to the usage of 10 MILLION homes - Combined water usage estimate of 35+ billion gallons per year or higher Absolutely insane There is no comprehensive federal requirement for data centers to publicly report detailed water usage. A bill was introduced called “the Data Center Water and Energy Transparency Act” to mandate reporting of energy and water consumption to states and the EPA This is an issue, here’s one example The Quality Technology Services data center in Fayette County used 29–30 million gallons of water went unmetered and unbilled for months without initial detection. Residents complained about low pressure during drought conditions. The company later paid retroactively $150,000 but faced no fines

Georgia is basically turning into one large data center Get ready for this, there is no legal obligation for data centers to disclose how much water they will be using - Georgia currently has about 162 data centers already - They have an additional 141 new data centers planned - Combined these data centers will use 12+ GW or more of power, this is equivalent to the usage of 10 MILLION homes - Combined water usage estimate of 35+ billion gallons per year or higher Absolutely insane There is no comprehensive federal requirement for data centers to publicly report detailed water usage. A bill was introduced called “the Data Center Water and Energy Transparency Act” to mandate reporting of energy and water consumption to states and the EPA This is an issue, here’s one example The Quality Technology Services data center in Fayette County used 29–30 million gallons of water went unmetered and unbilled for months without initial detection. Residents complained about low pressure during drought conditions. The company later paid retroactively $150,000 but faced no fines

Wall Street Apes

146,446 görüntüleme • 1 ay önce

AOC: These companies are not paying for their own energy infrastructure. People energy bills around the country are skyrocketing in order to pay for these A.I. data centers Working people are already living paycheck-to-paycheck in some states off of wages as low as $7.25 an hour. Another federal minimum wage that congress also refuses to raise. They simply cannot afford another increase to their bill. While the American people are suffering, big tech continues to demand more. More data centers, energy, more data collection, more American jobs replaced by A.I., all on the feet of the American people to pay.

AOC: These companies are not paying for their own energy infrastructure. People energy bills around the country are skyrocketing in order to pay for these A.I. data centers Working people are already living paycheck-to-paycheck in some states off of wages as low as $7.25 an hour. Another federal minimum wage that congress also refuses to raise. They simply cannot afford another increase to their bill. While the American people are suffering, big tech continues to demand more. More data centers, energy, more data collection, more American jobs replaced by A.I., all on the feet of the American people to pay.

Acyn

47,104 görüntüleme • 3 ay önce

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

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

57,371 görüntüleme • 28 gün önce

The US Department of Energy mapped out all of the current data centers, data centers under construction & data centers currently in the planning stages. We’ve heard for years how vulnerable our grid is. Now we are supposed to believe that it can withstand all of this new demand?

The US Department of Energy mapped out all of the current data centers, data centers under construction & data centers currently in the planning stages. We’ve heard for years how vulnerable our grid is. Now we are supposed to believe that it can withstand all of this new demand?

Derrick Evans

69,757 görüntüleme • 1 ay önce

When it comes to data centers, Michigan should show the country how to do it right. That means: Data center companies, not Michigan families, pay for their own energy and grid upgrades – so rates don't go up. Data centers can't harm our water, air, or environment. Data centers pay their fair share in taxes to fund our schools, roads, and communities. Data centers are built with local union labor.

When it comes to data centers, Michigan should show the country how to do it right. That means: Data center companies, not Michigan families, pay for their own energy and grid upgrades – so rates don't go up. Data centers can't harm our water, air, or environment. Data centers pay their fair share in taxes to fund our schools, roads, and communities. Data centers are built with local union labor.

Mallory McMorrow

272,356 görüntüleme • 4 ay önce

JB Pritzker has given over $1 billion in tax breaks to data centers, at one point making us the #2 state for data centers in the country (we're #4 now). All with no guardrails to protect local residents or regulate energy or water usage. So it's no surprise to see the room packed with opponents when a 3rd data center campus was being proposed in Hoffman Estates. Pritzker and Springfield failed to pause tax incentives for data centers and failed to put in place common sense regulations that ensure data centers pay all their energy costs, limit water usage, and contribute to a property tax relief fund for Illinoisans. Vote Independent in November and we will get it done.

JB Pritzker has given over $1 billion in tax breaks to data centers, at one point making us the #2 state for data centers in the country (we're #4 now). All with no guardrails to protect local residents or regulate energy or water usage. So it's no surprise to see the room packed with opponents when a 3rd data center campus was being proposed in Hoffman Estates. Pritzker and Springfield failed to pause tax incentives for data centers and failed to put in place common sense regulations that ensure data centers pay all their energy costs, limit water usage, and contribute to a property tax relief fund for Illinoisans. Vote Independent in November and we will get it done.

Collin Corbett

11,400 görüntüleme • 24 gün önce

These Big Tech billionaires want our water, they want our energy, and they want to steal our data. Governor Mills just vetoed a pause on data centers in Maine. When I'm Governor, this bullshit ends.

These Big Tech billionaires want our water, they want our energy, and they want to steal our data. Governor Mills just vetoed a pause on data centers in Maine. When I'm Governor, this bullshit ends.

Troy Jackson

17,977 görüntüleme • 2 ay önce

John: There is a lot of opposition to building in America, broadly. That's just the nature of our society. I was thinking about, what do Americans want to build? Because it's easy to look at the data center stuff and be like, "Well, everyone's against building data centers." I was reflecting on the whole reindustrialization meme this weekend. And I was thinking about the actual knock-on effects of reindustrialization — most people don't want a car factory in their town. I actually think people don't really want change. They don't want things built. Data centers are probably at the bottom of the list. They're the least popular. But people don't want stuff built, generally. There are very few things that people are like, "Yeah, I'd be down for that to be built." People like the status quo. They're happy with things as they are. And they don't like change. People block home construction all the time. Also, permitting and expansion of existing homes. I'm not saying that they're as unpopular as data centers. Data centers are at the bottom. But new housing in communities is like razor's edge. I do think there's an element of like, Americans don't want to build anything.

John: There is a lot of opposition to building in America, broadly. That's just the nature of our society. I was thinking about, what do Americans want to build? Because it's easy to look at the data center stuff and be like, "Well, everyone's against building data centers." I was reflecting on the whole reindustrialization meme this weekend. And I was thinking about the actual knock-on effects of reindustrialization — most people don't want a car factory in their town. I actually think people don't really want change. They don't want things built. Data centers are probably at the bottom of the list. They're the least popular. But people don't want stuff built, generally. There are very few things that people are like, "Yeah, I'd be down for that to be built." People like the status quo. They're happy with things as they are. And they don't like change. People block home construction all the time. Also, permitting and expansion of existing homes. I'm not saying that they're as unpopular as data centers. Data centers are at the bottom. But new housing in communities is like razor's edge. I do think there's an element of like, Americans don't want to build anything.

TBPN

106,441 görüntüleme • 1 ay önce

🚨 Data centers are TAKING OVER. 🚨 Big AI is destroying Georgia communities to power massive data centers that residents never asked for. “330 property owners are being impacted.” “21 homes are being completely demolished.” “The power lines are gonna be like 12 feet from her bedroom window.” “While she is asleep at night in her bed, Georgia Power can pull a truck up 12 feet from her window and do whatever they want because they own the property.” “This would be to provide power … to a data center that is not in the same county as my mom’s house.” “There are 3 other data centers that have already been approved.”

🚨 Data centers are TAKING OVER. 🚨 Big AI is destroying Georgia communities to power massive data centers that residents never asked for. “330 property owners are being impacted.” “21 homes are being completely demolished.” “The power lines are gonna be like 12 feet from her bedroom window.” “While she is asleep at night in her bed, Georgia Power can pull a truck up 12 feet from her window and do whatever they want because they own the property.” “This would be to provide power … to a data center that is not in the same county as my mom’s house.” “There are 3 other data centers that have already been approved.”

Children’s Health Defense

10,064 görüntüleme • 1 ay önce

It’s illegal for some states to say “no” to data centers “Pennsylvania's municipality planning code says it's illegal for communities to not allow certain types of development, including data centers” - Fox Residential home sites and farmland are being rezoned for data centers “Pennsylvania's municipality planning code, it's illegal for communities to not allow certain types of development. That includes data centers. Instead, they have to make space for them somewhere within their zoning. And for those townships trying to argue, they're out of space in industrial zones, now they have to rezone areas originally set aside for residential or even agricultural development.”

It’s illegal for some states to say “no” to data centers “Pennsylvania's municipality planning code says it's illegal for communities to not allow certain types of development, including data centers” - Fox Residential home sites and farmland are being rezoned for data centers “Pennsylvania's municipality planning code, it's illegal for communities to not allow certain types of development. That includes data centers. Instead, they have to make space for them somewhere within their zoning. And for those townships trying to argue, they're out of space in industrial zones, now they have to rezone areas originally set aside for residential or even agricultural development.”

Wall Street Apes

18,425 görüntüleme • 3 ay önce

When a construction worker for the data centers is saying the grid can't handle what is coming, you need to listen! Ban DATA CENTERS! We have never been a proactive society. We’ve only been reactive. This is another perfect example!

When a construction worker for the data centers is saying the grid can't handle what is coming, you need to listen! Ban DATA CENTERS! We have never been a proactive society. We’ve only been reactive. This is another perfect example!

Merica 🦋💞

38,656 görüntüleme • 1 ay önce

ASML CEO on Elon Musk's Data Centers in space and Terafab: "I think you need a certain amount of data centers and they will be in space, they will be on the earth. I think the discussion about data centers in space is to address another potential bottleneck in the ecosystem, which is energy. I think the discussion around putting data center in space is there because if you do that, the energy consumption or the energy availability will be there, about trying to solve another potential big issue, which is energy for data center. I think the Terafab is an example of a major fab project."

ASML CEO on Elon Musk's Data Centers in space and Terafab: "I think you need a certain amount of data centers and they will be in space, they will be on the earth. I think the discussion about data centers in space is to address another potential bottleneck in the ecosystem, which is energy. I think the discussion around putting data center in space is there because if you do that, the energy consumption or the energy availability will be there, about trying to solve another potential big issue, which is energy for data center. I think the Terafab is an example of a major fab project."

DogeDesigner

47,804 görüntüleme • 9 gün önce

New Jersey residents are noticing construction crews surveying and replacing lines to upgrade power infrastructure for Data Centers Residents are paying for these upgrades These lines being updated are for a data center that’s not even close, it’s across the bridge 20 minutes away This is happening across Fairless Hills, Bristol, Middletown, and surrounding Bucks County spots due to multiple data center projects New Jersey already has 80+ data centers with more planned so these updates are happening everywhere Residents in these areas are already paying some of the power costs and grid upgrades related to data centers Welcome to corporate socialism. Money is taken from you to pay for the data centers infrastructure, but they won’t share any of the profits with you It’s called socialized losses and privatized profits

New Jersey residents are noticing construction crews surveying and replacing lines to upgrade power infrastructure for Data Centers Residents are paying for these upgrades These lines being updated are for a data center that’s not even close, it’s across the bridge 20 minutes away This is happening across Fairless Hills, Bristol, Middletown, and surrounding Bucks County spots due to multiple data center projects New Jersey already has 80+ data centers with more planned so these updates are happening everywhere Residents in these areas are already paying some of the power costs and grid upgrades related to data centers Welcome to corporate socialism. Money is taken from you to pay for the data centers infrastructure, but they won’t share any of the profits with you It’s called socialized losses and privatized profits

Wall Street Apes

59,079 görüntüleme • 1 ay önce

A local utility company in Illinois has plans to help lower residents electrical bills They will be requiring new data centers and planned data centers to sign 10 year contracts saying they will be responsible for paying for upgrade costs and electricity usage costs “That means any new data centers would be on the hook for power upgrades and any energy they plan to use, even if the data center ends up not getting built or if they don't use as much power as planned or if they close. So if they use the power that they're applying for, then they'll pay their fair share of the cost of maintaining and building our grid through their rates”

A local utility company in Illinois has plans to help lower residents electrical bills They will be requiring new data centers and planned data centers to sign 10 year contracts saying they will be responsible for paying for upgrade costs and electricity usage costs “That means any new data centers would be on the hook for power upgrades and any energy they plan to use, even if the data center ends up not getting built or if they don't use as much power as planned or if they close. So if they use the power that they're applying for, then they'll pay their fair share of the cost of maintaining and building our grid through their rates”

Wall Street Apes

29,410 görüntüleme • 3 ay önce

Billionaire Kevin O’Leary says the US has to build these massive data centers to compete with China but it is a big lie. The US already has 5,381 data centers which is 12 times more than China’s 449. In fact, the US has more data centers than nearly every other nation combined.

Billionaire Kevin O’Leary says the US has to build these massive data centers to compete with China but it is a big lie. The US already has 5,381 data centers which is 12 times more than China’s 449. In fact, the US has more data centers than nearly every other nation combined.

Power to the People ☭🕊

532,975 görüntüleme • 1 ay önce

Data centers are asking just too much for too little in return. I'm pausing the release of any new data center tax incentives in Illinois — and I'm calling on the General Assembly to act in veto session to make sure data centers are paying their fair share.

Data centers are asking just too much for too little in return. I'm pausing the release of any new data center tax incentives in Illinois — and I'm calling on the General Assembly to act in veto session to make sure data centers are paying their fair share.

Governor JB Pritzker

77,005 görüntüleme • 21 gün önce

In the next two years, AI data centers will not only cause electric bills to soar, but are expected to generate the same emissions as driving over 300 billion miles — or 1,600 round trips to the sun from Earth. We need a moratorium on the construction of new AI data centers.

In the next two years, AI data centers will not only cause electric bills to soar, but are expected to generate the same emissions as driving over 300 billion miles — or 1,600 round trips to the sun from Earth. We need a moratorium on the construction of new AI data centers.

Bernie Sanders

1,661,517 görüntüleme • 6 ay önce

David Friedberg: Michael Burry’s Datacenter Math is Wrong “I actually think Michael Burberry's got this wrong.” “What Michael Burry is saying is that all of these hyperscalers have extended their depreciation schedule or the useful life of their data centers by roughly 2x, which cuts the operating costs in half when they report it in earnings. And so it's making their earnings inflate.” “So he's claiming they're cooking the books. Google first made this change in Q1 of 2021, where they said the servers are now going from 3 to 4 years. Separately in 2021, Google took networking equipment from 3 to 5 years. And then in 2023, they took it from 5 to 6 years.” “And so this is a result of this effort where they went in and did an analysis. So what happened?” “What happened in the data centers is that the data centers transitioned from being primarily data storage and data transfer systems, where you would use hard drives and RAM and memory to store data and then transmit it back out, to being data processing centers because of the AI boom.” “So as AI became more important in the data center, more of the dollars that are going into data centers were allocated towards chips from data storage, which initially was hard drives.” “And then suddenly, when you put these processors in to process the data to do AI, the majority of the spend and the majority of the energy is going towards the processors.” “I made some calls and I checked around with some other friends, and everyone says the same thing: that these 7-8 year old TPUs and GPUs that are sitting in the data centers are still being used and they're being used at 100% utilization.” “So that actually justifies and validates the depreciation schedule being much longer versus shorter.”

David Friedberg: Michael Burry’s Datacenter Math is Wrong “I actually think Michael Burberry's got this wrong.” “What Michael Burry is saying is that all of these hyperscalers have extended their depreciation schedule or the useful life of their data centers by roughly 2x, which cuts the operating costs in half when they report it in earnings. And so it's making their earnings inflate.” “So he's claiming they're cooking the books. Google first made this change in Q1 of 2021, where they said the servers are now going from 3 to 4 years. Separately in 2021, Google took networking equipment from 3 to 5 years. And then in 2023, they took it from 5 to 6 years.” “And so this is a result of this effort where they went in and did an analysis. So what happened?” “What happened in the data centers is that the data centers transitioned from being primarily data storage and data transfer systems, where you would use hard drives and RAM and memory to store data and then transmit it back out, to being data processing centers because of the AI boom.” “So as AI became more important in the data center, more of the dollars that are going into data centers were allocated towards chips from data storage, which initially was hard drives.” “And then suddenly, when you put these processors in to process the data to do AI, the majority of the spend and the majority of the energy is going towards the processors.” “I made some calls and I checked around with some other friends, and everyone says the same thing: that these 7-8 year old TPUs and GPUs that are sitting in the data centers are still being used and they're being used at 100% utilization.” “So that actually justifies and validates the depreciation schedule being much longer versus shorter.”

The All-In Podcast

304,297 görüntüleme • 7 ay önce

Chris Camillo explains how Bloom Energy is solving AI data center energy usage problems… “ $BE is one of the only companies in the world that has a method to essentially bring almost an infinite amount of energy to these data centers." And we won't get into all the technology, but they are now working with hyperscalers and they are a resource for energy that will allow a data center to get ramped up quicker. "So, even though it costs a little bit more money today to put an energy cell from Bloom, an energy box from Bloom, which are energy cells, it essentially takes things like natural gas, but instead of burning the natural gas, there is a chemical process that turns that natural gas into energy for the data center."

Chris Camillo explains how Bloom Energy is solving AI data center energy usage problems… “ $BE is one of the only companies in the world that has a method to essentially bring almost an infinite amount of energy to these data centers." And we won't get into all the technology, but they are now working with hyperscalers and they are a resource for energy that will allow a data center to get ramped up quicker. "So, even though it costs a little bit more money today to put an energy cell from Bloom, an energy box from Bloom, which are energy cells, it essentially takes things like natural gas, but instead of burning the natural gas, there is a chemical process that turns that natural gas into energy for the data center."

The Iced Coffee Hour

274,893 görüntüleme • 1 ay önce