Remember when many people online were complaining that electric vehicles were bad because the grid wouldn’t be able to cope with the demand to charge them?
I suppose those people are now saying the same thing about datacenters, but I just haven’t seen them yet.
> How about we legalize construction of new power sources and let the market figure it out?
Who's going to pay for the new plants, that's the issue, nothing else.
"The market" can't figure that out and gets it wrong without additional regulation. If all ratepayers pay for new capacity used only by a few corporations, for their new power needs and their own profits, these corporations get to socialize their capital expenditures while privatizing their profits - that's a form of theft, without any exaggeration.
Remember when many people online were complaining that electric vehicles were bad because the grid wouldn’t be able to cope with the demand to charge them?
I suppose those people are now saying the same thing about datacenters, but I just haven’t seen them yet.
How about a progressive tax? Doesn't seem a good idea that cancer like entities get away with overconsumption and thus indirectly repression.
How about we legalize construction of new power sources and let the market figure it out?
> How about we legalize construction of new power sources and let the market figure it out?
Who's going to pay for the new plants, that's the issue, nothing else.
"The market" can't figure that out and gets it wrong without additional regulation. If all ratepayers pay for new capacity used only by a few corporations, for their new power needs and their own profits, these corporations get to socialize their capital expenditures while privatizing their profits - that's a form of theft, without any exaggeration.
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There was a huge nuclear deregulation bill passed on 2023(?). Hopefully we'll get some reliable power in 10 years out of that.
Trump administration seems to have tried to cancel a bunch of power sources (e.g. offshore wind).