Latest news with #Senator
ABC News
2 days ago
- General
- ABC News
One Nation picks up surprise spot in NSW senate
One Nation's Warwick Stacey has been elected as the sixth senator in New South Wales, taking the party's seats in the upper house to four.
Deccan Herald
3 days ago
- Politics
- Deccan Herald
All-party delegation in Italy underscores India's firm stance against terrorism
Led by Shri Ravi Shankar Prasad, the All-Party Indian Parliamentary Delegation, had a productive meeting with Senator @GiulioTerzi, President of the India-Italy Parliamentary Friendship Group and its Members. The Indian delegation voiced India's resolute stance on combating… — India in Italy (@IndiainItaly) May 28, 2025
Coin Geek
4 days ago
- Business
- Coin Geek
Trump Media buying $2.5B in BTC; is America also buying?
Getting your Trinity Audio player ready... President Donald Trump's media company plans to spend $2.5 billion buying BTC for itself, and a Senator claims Trump supports her plan to spend hundreds of billions buying BTC for America. The fallout from last week's controversial dinner for the top 220 holders of President Trump's $TRUMP memecoin continues to reverberate in Washington and beyond, despite the unwillingness of the administration or Congressional Republicans to discuss it. Among the more interesting highlights that dinner attendees deigned to disclose—including that the menu consisted of 'Walmart steak'—was the president's exceedingly brief appearance. By most accounts, Trump spoke for only about 20 minutes, and his speech contained no new announcements, instead rehashing tales of his 2024 election win and slamming his predecessor's border policies. Beyond his speech, Trump didn't interact directly with any attendees beyond the elite top 25 $TRUMP holders, who were granted a brief pre-dinner audience but came away without an opportunity to speak, shake hands or get a picture with the president. It's unclear whether the media spotlight on the dinner—fanned by Democrats and watchdog groups, some of whom protested outside the Trump-owned Virginia golf course at which the dinner was held—influenced the brevity of Trump's participation or whether that was his plan all along. Before the dinner, White House press secretary Karoline Leavitt said a list of attendees wouldn't be made public because Trump was attending the event 'in his personal time.' However, images that leaked from the event clearly show Trump speaking from a podium bearing the presidential seal, offering the appearance of an official presidential event. According to New York Times reporter Eric Lipton, the dinner guests came 'particularly from Asia, from China, from Singapore, from Korea. Many of them are major crypto players from Asia, and they are seeking in some cases to enter the United States marketplace. And they're seeking a regulatory blessing from the Trump administration to begin to seek profits here in the United States.' Among the Asian whales in attendance was Tron founder Justin Sun, who was making his first trip stateside since before the pandemic. After Trump left the building, Sun celebrated the president in a brief address to the attendees, flashing the Trump-branded watch he received for being the top $TRUMP holder. While Sun was celebrating, $TRUMP's fiat value was crashing hard from nearly $16 on the day of the dinner to around $12.50 the day after. The majority of the top 25 holders were among those selling the tokens, suggesting these holders believed the tokens had already served all the purposes they would ever offer. (Sun was not among those selling his $TRUMP.) The day after the dinner, Sen. Richard Blumenthal (D-CT) tweeted that the 'pump & dump … warranted investigation' and vowed to continue his probe of all of the president's various crypto ventures. TMTG buys the top That list of ventures grew larger on Monday as Trump Media and Technology Group (TMTG), the parent company of the Truth Social platform, announced plans to raise $2.5 billion via a private placement offering involving 'approximately 50 institutional investors.' The funds—$1.5 billion worth of TMTG stock and $1 billion in new debt—will be used 'for the creation of a Bitcoin treasury.' The offering is expected to close on May 29, while the soon-to-be-acquired BTC will be custodied by Anchorage Digital and the exchange. TMTG's shares (DJT) had been trading around $25 for the past week, but shot up to $30 early Tuesday after the announcement was made. However, the stock quickly cratered to $22.64 before limping to $23.05 by the market's close. TMTG joins an ever-expanding list of crypto 'treasury' firms borrowing to buy BTC, following the trail blazed by Strategy (formerly MicroStrategy) (NASDAQ: MSTR). This corporate influx has largely replaced retail buyers, who have grown weary of BTC's inexplicable price movements. TMTG's announcement came just one day after the company rubbished a Financial Times report that claimed the company was looking to raise $3 billion for the purposes described above. A TMTG spokesperson was quoted saying, 'Apparently the Financial Times has dumb writers listening to even dumber sources,' and later told Reuters the report was 'fake news.' But it seems 'fake' really means 'scoop.' In its Monday announcement, TMTG chairman Devin Nunes stated that the company considers the BTC token to be 'an apex instrument of financial freedom' that will 'help defend our Company against harassment and discrimination by financial institutions, which plague many Americans and U.S. firms, and will create synergies for subscription payments, a utility token, and other planned transactions across Truth Social and Truth+.' Last month, TMTG told its shareholders it was 'exploring the introduction of a utility token' to be used within 'the Truth ecosphere.' A few weeks later, some social media mavens claimed a Truth Social memecoin launch was imminent, and while these claims were quickly shot down by both Truth Social and Donald Trump Jr., TMTG's initial response to the fundraising reports suggests that we should take Trump denials with a grain of salt. TMTG previously announced plans to issue a series of crypto-themed exchange-traded funds (ETFs) under its brand via a partnership with These ETFs will be based on a 'basket' of digital assets, including BTC, in-house CRO token and 'other crypto assets,' which may or may not include those linked to Trump. Back to the top ↑ No-see GOP Sen. Blumenthal clearly has his investigative work cut out for him, but the Dems currently control neither legislative chamber, meaning their powers to hold Trump to account are limited. And if they're expecting support from their Republican colleagues, they appear to be out of luck. This past Sunday, House of Representatives speaker Mike Johnson (R-LA) repeatedly dodged questions about the $TRUMP dinner during his appearance on CNN's State of the Union, claiming that he didn't 'know anything about the dinner.' Host Jake Tapper pressed Johnson on why he appeared so disinterested in investigating Trump's crypto ties when the speaker enthusiastically led an investigation into the 'questionable business dealings' of former President Joe Biden's son Hunter. Johnson replied that Trump's crypto embrace was different because he 'does everything out in the open. He's not trying to hide anything. There's no shell companies or fake LLCs or fake family businesses. He's putting it out there so everybody can evaluate for themselves.' Everybody but Johnson, that is. In an appearance on CNBC, Rep. French Hill (R-AK) called the dinner 'you know, whatever. That's to me a distraction from the work I think we need to do for the major big picture macro policy.' As chairman of the House Financial Services Committee (FSC), Hill is the point person for pushing digital asset legislation. These include the STABLE bill he co-authored with Rep. Bryan Steil (R-WI) to regulate 'payment stablecoins' and an updated version of the FIT21 market structure bill approved by the House one year ago. A discussion draft of the new market structure bill was released earlier this month, and the FSC has scheduled a hearing titled 'American Innovation and the Future of Digital Assets: From Blueprint to a Functional Framework' for June 10 at 10 am EST. Back to the top ↑ GENIUS a work in progress On May 22, the Wall Street Journal reported that JPMorgan Chase (NASDAQ: JPM), Bank of America, Citigroup (NASDAQ: C), Wells Fargo (NASDAQ: WFC) and other large commercial banks were discussing the potential of combining forces on a new jointly-issued stablecoin. The talks were said to be in 'early, conceptual stages' and would depend on what form of stablecoin legislation ultimately emerges from Congress. The House and Senate are in recess this week, but that hasn't stopped the expected flurry of amendments to the GENIUS stablecoin bill currently awaiting debate and a final vote on the Senate floor. As of Monday, there were 53 proposed amendments to GENIUS, some of them unrelated to digital assets. For instance, Sen. Jack Reed (D-RI) offered an amendment that would undo the cuts to Medicaid in the 'big, beautiful' budget bill passed by the House last week. Senators from both parties are trying to attach the full text of unrelated bills they've sponsored, like a bunch of remoras clinging to the side of a shark. Other proposed amendments have only a distant relation to GENIUS. For instance, Sheldon Whitehouse (D-RI) wants to bolt on the text that would limit emissions from AI data centers and block reward mining facilities. More germane amendments include one by Sen. Jeff Merkley (D-OR) aimed at 'preventing cryptocurrency corruption' by presidents, vice-presidents, members of Congress and so forth. Chris Murphy (D-CT) proposed similar language aimed at preventing federal officials from utilizing their positions for 'private financial gain.' These amendments are linked to USD1, the stablecoin issued by the Trump-controlled decentralized finance (DeFi) project World Liberty Financial. Tommy Tuberville (R-AL) wants to prohibit any stablecoin issuer owned by 'foreign adversaries' (China, Iran, North Korea, Russia, etc.) from participating in a regulated U.S. market. Josh Hawley (R-MO) seeks to address stablecoin issuers' protections from legal liability under section 230(c) of the Communications Act of 1934. It remains to be seen how many (if any) of these amendments will be adopted when the bill comes up for debate on the Senate floor, possibly as early as next week. With momentum on their side, Senate leadership appears keen on passing GENIUS as swiftly as possible, preferably before Trump does or says something to chip away at tepid Democratic support for the measure. Back to the top ↑ Lummis claims Trump 'supports' her BTC reserve act Trump spoke at the BTC 2024 event in Nashville during his election campaign, making several pledges that he's gone on to fulfill. These include pardoning Silk Road founder Ross Ulbricht, who will be among the featured speakers at this year's event in Las Vegas. Trump won't be making a repeat appearance in Vegas, but Vice-President J.D. Vance will speak on May 28. It's unknown whether Vance will announce any official policy developments, but Sen. Cynthia Lummis (R-WY) dropped a bit of a bombshell during her session on the conference's opening day. For a long time, Lummis has been trying to pass her Bitcoin strategic reserve legislation, which would require the government to purchase up to 1 million BTC tokens, representing nearly 5% of the total supply that will ever exist. On Tuesday, Lummis said Trump 'supports' her bill, but she expects the White House to 'probably' press for passage of the stablecoin and market structure bills first before they get to hers. This would be a major development, although it's unclear whether Trump's 'support' of the Lummis bill means anything beyond what the White House has already articulated on this subject. Back to the top ↑ Budget neutral magic? Hopes that the government would spend over $100 billion dollars acquiring additional BTC has been a fever dream for crypto bros, given the expected impact this volume of buying would have on BTC's fiat price. But the market didn't appear to be taking Lummis too seriously, with BTC's value declining even as word of her remarks spread. Think about it: before announcing any plan that would dramatically boost BTC's fiat value, it makes sense for Trump to wait until after the Trump-owned TMTG makes good on its pledge to spend $2.5 billion of other people's money buying BTC. This way, his own bottom line gets to enjoy the boost. To date, Trump has only committed to not selling the ~200,000 BTC already in the government's possession. Acquiring additional BTC will only happen if it can be done in a 'budget neutral' manner. On Tuesday, Trump's AI & Crypto Czar David Sacks told the Vegas audience that it was up to the Commerce and Treasury departments to determine what 'budget-neutral' means. 'So if we can convince Howard Lutnick, who's the Commerce Secretary, or Scott Bessent, who's the Treasury Secretary, to buy some and they can figure out how to fund it—you know, without a new tax or without adding to the debt, maybe finding the money from some other program that's not using it—then we could potentially acquire more Bitcoin.' Some reserve proponents have previously argued that revaluing the nation's gold certificates to their current value—the certificates have been artificially fixed at $42.22 per ounce since 1973, while Tuesday's market price was $3,300—could 'find' hundreds of billions to spend on BTC. But some Republican senators believe another bit of legislative sleight-of-hand could magically shave trillions off the House's new budget bill, which could allow additional spending possibilities. This 'current policy baseline' scheme works like this: by extending the tax cuts that Trump passed in 2017 but was set to expire soon, they're technically not adding more spending, merely continuing to spend what they're already spending. So, it doesn't count. If that premise sounds too crazy for anyone in a position of real authority to take seriously, well, you simply haven't been paying attention over the last four months. Back to the top ↑ Watch: Teranode is the digital backbone of Bitcoin title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen>
Forbes
5 days ago
- Business
- Forbes
Gas, Nuclear, Renewables Battle Over Power For Meta's New Data Center
Power lines in California. Meta, the company that owns Facebook, are planning a new AI data center, the company's largest yet, in Richland Parish, Louisiana. The local utility company, Entergy, has plans to build three new gas-fired power plants to supply the additional electricity needed for the data center. Also reported last week was that Meta got some pushback from a U.S. Senator, who challenged the benefits of using natural gas to power the new data canter. The new data center is an enormous infrastructure layout of 4 million square feet, which is equivalent to 70 football fields, and costing $10 billion. The three new gas plants would have a total capacity of 2,260 MW (megawatts). But there are alternative power sources, such as renewables (wind, solar and battery storage), geothermal, and nuclear. What are the pros and cons? Let's look at each of these. First, natural gas is appealing because the U.S. produces an enormous amount of gas, the most in the world, of over 115 Bcfd (billion cubic feet per day). Also, gas power plants provide 43% of grid electricity in the U.S., so it would be an extension of technology that the country already relies upon. Second is coal. The U.S has about 200 coal-fired power plants remaining, but these are due to be turned off by 2040. Coal burns dirty in both particulates that can cause asthma in the young and the old, plus greenhouse gas (GHG) emissions that are twice as intense as burning natural gas. President Trump recently signed an executive order to resuscitate coal to revitalize an industry that has collapsed, presumably because he doesn't recognize the dangers of burning coal (his drill, baby, drill mantra testifies to this). If Trump's new order were to force all of the 200 remaining coal power stations to continue operating, instead of closing by 2040, this would reduce the total of 1,000 GW of new electricity needed by 2040, but only by a fraction 6% - 10%. A new analysis by Rystad Energy is telling. Table 1 shows in four major precincts that fossil sources of electric power are flattening or falling, except for Asia-Pacific (excluding China). In contrast, renewables are rising and catching up in their percentages. New nuclear energy is at the commercial starting gate, by both accounts. Table 1. Rystad argue that global power demand will increase strongly this year and in years ahead. But they predict fossil fuels will peak shortly in the power sector. They also expect that the growth rate of low-carbon sources, meaning renewables, will soon meet the increase in power demand. Third is nuclear. Trump also unleashed on May 23 executive orders on accelerating nuclear technologies. As energy secretary Chris Wright summarized, 'With the emergence of AI and President Trump's pro-American manufacturing policies at work, American civil nuclear energy is being unleashed at the perfect time. Nuclear has the potential to be America's greatest source of energy addition. It works whether the wind is blowing, or the sun is shining, is possible anywhere and at different scales.' AI is quoted as justification for nuclear, especially when the sun doesn't shine or the wind doesn't blow. But this is inaccurate as grid-scale storage batteries (BESS) can resolve this problem. For example, in the state of South Australia renewables plus batteries have has been providing 72% of grid electricity, and this is expected to rise to 100% by 2027. Renewables plus batteries have proven the stability of renewables commercially. Rystad Energy has reported that BESS set a record 200 gigawatt-hours (GWh) globally last year, implying a growth rate of 80%. Beginning at 0.5 terawatts (TW) in 2024, total BESS capacity will rise by almost ten times to over 4 TW by 2040. Three other things have been overlooked in Wright's statement above. First, the cost of new nuclear reactors, whether traditional reactors or SMRs, is substantially higher than renewable energies (see below). Second is the ubiquitous threat of being exposed to nuclear radiation, either from nuclear accidents or from underground storage of nuclear waste. Third is that nuclear energy, including SMRs, is at the commercial starting gate. But the lure of nuclear remains for some. Valar Atomics, a California startup company, has plans to test a small SMR at an energy research center in Utah by next summer. Fourth is renewables. As well as commercial success in Australia, 90% of new energy in the U.S. in 2024 was provided by wind and solar renewables. The status of global renewables can be seen in Table 1 above. Renewables are rising and catching up in their percentages to fossil sources of electric power, while in the U.S administration renewables are the sounds of silence. There are three clear advantages of renewables. One is commercial success of current operations. Two is cheaper cost, particularly PV solar and storage batteries, as laid out below. Three is maturity of technology. Fervo Energy's enhanced geothermal systems (EGS) has proven an exciting pilot case involving 2 wells in Nevada that produce 3.5 MW of power to a local utility and Google. They've also drilled about 20 new wells out of about 100 planned in a project at Cape Station in Utah. Much of this 500 MW of power has already been contracted to California and Shell, which will begin in 2026. The future is promising but right now it's at the commercial starting gate. Nuclear SMRs are also unproven commercially—a recent contract was canceled by a Utah community when the SMR price was 50% higher than agreed to. One way to compare costs of electricity sources for data centers is by calculating the unsubsidized levelized cost of electricity (LCOE) operations in 2023. These are shown in Table 2, where each category has a range of LCOEs. LCOE takes into account all of the costs associated with building, operating, and maintaining a power plant, as well as the amount of electricity the plant is expected to produce over its lifetime. These are unsubsidized numbers, which implies that the numbers for renewable energies could be lower if installations are leveraged with tax credits available from the Inflation Reduction Act. Table 2. US Levelized cost of electricity in 2023. It has been reported that battery costs in China are coming down by 40%. With this, the table shows the cost advantage lies with renewables plus grid-batteries. A similar table has been provided by CSIRO in Australia. A study by the Commonwealth Scientific and Industrial Research Organization (CSIRO) has concluded that 'The LCOE [levelized cost of electricity] cost range for variable renewables with integration costs is the lowest of all new-build power technologies in 2023 and 2030'. The costs include solar or wind production, transmission, and storage of electricity. After 2030, CSIRO finds SMR nuclear energy would be at least three times more expensive than renewable energies in Australia. Senator Sheldon Whitehouse (D-RI), is the ranking member of the Senate Committee on Environment and Public Works. Last Wednesday, the senator sent a letter to Mark Zuckerberg, CEO of Meta, querying the carbon footprint of the new data center in Louisiana. Meta had committed to net-zero emissions in all of its business activities, such as its operations and supply chain, and even use of its products by consumers. As it turns out though, their carbon footprint is larger now than it was in the 2020 commitment. The letter wanted to know how much energy would be used by the data center, and especially how much GHG emissions would arise from the gas-fired power source. Apparently, Meta has previously tried to offset its traditional electricity usage by equivalent purchases of renewable energies. The environmental response to this is simple: empower the new data center by solar and battery storage rather than natural gas. The future will see many such data centers, driven by AI, constructed in the U.S. Decisions will have to be made over and over again about empowering these new data centers, and the roadmap outlined above will be constructive.
Forbes
5 days ago
- Business
- Forbes
Gas, Coal, Renewables Battle Over Power For Meta's New Data Center
Power lines in California. Meta, the company that owns Facebook, are planning a new AI data center, the company's largest yet, in Richland Parish, Louisiana. The local utility company, Entergy, has plans to build three new gas-fired power plants to supply the additional electricity needed for the data center. Also reported last week was that Meta got some pushback from a U.S. Senator, who challenged the benefits of using natural gas to power the new data canter. The new data center is an enormous infrastructure layout of 4 million square feet, which is equivalent to 70 football fields, and costing $10 billion. The three new gas plants would have a total capacity of 2,260 MW (megawatts). But there are alternative power sources, such as renewables (wind, solar and battery storage), geothermal, and nuclear. What are the pros and cons? Let's look at each of these. First, natural gas is appealing because the U.S. produces an enormous amount of gas, the most in the world, of over 115 Bcfd (billion cubic feet per day). Also, gas power plants provide 43% of grid electricity in the U.S., so it would be an extension of technology that the country already relies upon. Second is coal. The U.S has about 200 coal-fired power plants remaining, but these are due to be turned off by 2040. Coal burns dirty in both particulates that can cause asthma in the young and the old, plus greenhouse gas (GHG) emissions that are twice as intense as burning natural gas. President Trump recently signed an executive order to resuscitate coal to revitalize an industry that has collapsed, presumably because he doesn't recognize the dangers of burning coal (his drill, baby, drill mantra testifies to this). If Trump's new order were to force all of the 200 remaining coal power stations to continue operating, instead of closing by 2040, this would reduce the total of 1,000 GW of new electricity needed by 2040, but only by a fraction 6% - 10%. A new analysis by Rystad Energy is telling. Table 1 shows in four major precincts that fossil sources of electric power are flattening or falling, except for Asia-Pacific (excluding China). In contrast, renewables are rising and catching up in their percentages. New nuclear energy is at the commercial starting gate, by both accounts. Table 1. Rystad argue that global power demand will increase strongly this year and in years ahead. But they predict fossil fuels will peak shortly in the power sector. They also expect that the growth rate of low-carbon sources, meaning renewables, will soon meet the increase in power demand. Third is nuclear. Trump also unleashed on May 23 executive orders on accelerating nuclear technologies. As energy secretary Chris Wright summarized, 'With the emergence of AI and President Trump's pro-American manufacturing policies at work, American civil nuclear energy is being unleashed at the perfect time. Nuclear has the potential to be America's greatest source of energy addition. It works whether the wind is blowing, or the sun is shining, is possible anywhere and at different scales.' AI is quoted as justification for nuclear, especially when the sun doesn't shine or the wind doesn't blow. But this is inaccurate as grid-scale storage batteries (BESS) can resolve this problem. For example, in the state of South Australia renewables plus batteries have has been providing 72% of grid electricity, and this is expected to rise to 100% by 2027. Renewables plus batteries have proven the stability of renewables commercially. Rystad Energy has reported that BESS set a record 200 gigawatt-hours (GWh) globally last year, implying a growth rate of 80%. Beginning at 0.5 terawatts (TW) in 2024, total BESS capacity will rise by almost ten times to over 4 TW by 2040. Three other things have been overlooked in Wright's statement above. First, the cost of new nuclear reactors, whether traditional reactors or SMRs, is substantially higher than renewable energies (see below). Second is the ubiquitous threat of being exposed to nuclear radiation, either from nuclear accidents or from underground storage of nuclear waste. Third is that nuclear energy, including SMRs, is at the commercial starting gate. But the lure of nuclear remains for some. Valar Atomics, a California startup company, has plans to test a small SMR at an energy research center in Utah by next summer. Fourth is renewables. As well as commercial success in Australia, 90% of new energy in the U.S. in 2024 was provided by wind and solar renewables. The status of global renewables can be seen in Table 1 above. Renewables are rising and catching up in their percentages to fossil sources of electric power, while in the U.S administration renewables are the sounds of silence. There are three clear advantages of renewables. One is commercial success of current operations. Two is cheaper cost, particularly PV solar and storage batteries, as laid out below. Three is maturity of technology. Fervo Energy's enhanced geothermal systems (EGS) has proven an exciting pilot case involving 2 wells in Nevada that produce 3.5 MW of power to a local utility and Google. They've also drilled about 20 new wells out of about 100 planned in a project at Cape Station in Utah. Much of this 500 MW of power has already been contracted to California and Shell, which will begin in 2026. The future is promising but right now it's at the commercial starting gate. Nuclear SMRs are also unproven commercially—a recent contract was canceled by a Utah community when the SMR price was 50% higher than agreed to. One way to compare costs of electricity sources for data centers is by calculating the unsubsidized levelized cost of electricity (LCOE) operations in 2023. These are shown in Table 2, where each category has a range of LCOEs. LCOE takes into account all of the costs associated with building, operating, and maintaining a power plant, as well as the amount of electricity the plant is expected to produce over its lifetime. These are unsubsidized numbers, which implies that the numbers for renewable energies could be lower if installations are leveraged with tax credits available from the Inflation Reduction Act. Table 2. US Levelized cost of electricity in 2023. It has been reported that battery costs in China are coming down by 40%. With this, the table shows the cost advantage lies with renewables plus grid-batteries. A similar table has been provided by CSIRO in Australia. A study by the Commonwealth Scientific and Industrial Research Organization (CSIRO) has concluded that 'The LCOE [levelized cost of electricity] cost range for variable renewables with integration costs is the lowest of all new-build power technologies in 2023 and 2030'. The costs include solar or wind production, transmission, and storage of electricity. After 2030, CSIRO finds SMR nuclear energy would be at least three times more expensive than renewable energies in Australia. Senator Sheldon Whitehouse (D-RI), is the ranking member of the Senate Committee on Environment and Public Works. Last Wednesday, the senator sent a letter to Mark Zuckerberg, CEO of Meta, querying the carbon footprint of the new data center in Louisiana. Meta had committed to net-zero emissions in all of its business activities, such as its operations and supply chain, and even use of its products by consumers. As it turns out though, their carbon footprint is larger now than it was in the 2020 commitment. The letter wanted to know how much energy would be used by the data center, and especially how much GHG emissions would arise from the gas-fired power source. Apparently, Meta has previously tried to offset its traditional electricity usage by equivalent purchases of renewable energies. The environmental response to this is simple: empower the new data center by solar and battery storage rather than natural gas. The future will see many such data centers, driven by AI, constructed in the U.S. Decisions will have to be made over and over again about empowering these new data centers, and the roadmap outlined above will be constructive.
