Re:US utilities plot big rise in electricity rates as data c...
by danans on Thursday July 10, 2025 @02:54PM
(#44524262)
> The "jobs" justification for these is a joke: datacenters create a couple dozen mediocre jobs in the area, and hundreds of well-paid ones way off in Silicon Valley. California reaps the rewards of you wrecking your own revenue base.
Silicon Valley != California
Wall Street and its associated global oligarchy reap the rewards, not the average Californian, who pays the costs via higher climate change risks, insurance costs, and energy costs.
Re:US utilities plot big rise in electricity rates as data c...
by somanyphotons on Thursday July 10, 2025 @03:04PM
(#44524367)
Its the thin strip of real estate owners along the San Francisco to San Jose corridor who reap all the rewards
Re:US utilities plot big rise in electricity rates as data c...
by danans on Thursday July 10, 2025 @09:01PM
(#44527408)
> Its the thin strip of real estate owners along the San Francisco to San Jose corridor who reap all the rewards
They reap a lot, but hardly all the rewards.
Per capita the majority goes to VCs and the C-suite, and their wall street comrades.
But I agree the closed-door deals with datacenter operators need to end, as well as the discounts/tax breaks for opening new ones. The "jobs" justification for these is a joke: datacenters create a couple dozen mediocre jobs in the area, and hundreds of well-paid ones way off in Silicon Valley. California reaps the rewards of you wrecking your own revenue base.