Events2Join

Tax Breaks for Data Centers Threaten Clean Energy Progress


Tax Breaks for Data Centers Threaten Clean Energy Progress

These bills raise serious concerns about energy infrastructure, sustainable water use, and economic development strategy. Sierra Club's legislative team is ...

Michigan House OKs tax breaks to lure Google, Microsoft data ...

Data server farms are big business. But it takes a ton of energy to store data in the cloud, prompting concerns among environmentalists.

What's the deal with data centers in Michigan?

Data centers threaten to compromise our progress. If these tax breaks are not accompanied with a renewable energy requirement, they risk ...

Washington Is Giving Tax Breaks to Data Centers That ... - ProPublica

Jay Inslee, one of the nation's biggest champions of green energy, vetoed a plan — tucked into legislation that expanded the tax break — to ...

Data centers across the South - Southern Environmental Law Center

The growth in electricity demand from data centers is threatening the South's transition away from fossil fuels and toward clean energy. Tech companies, ...

A Data Center Fight Touches on a Big Question - Inside Climate News

The utility, American Electric Power, has asked the state to adopt rules that would require the owners of new data centers to make long-term ...

Four Ways States Can Meet AI Energy Demand With Clean Energy

First, we should make sure that data centers don't just claim existing clean energy for themselves, while the wider grid ramps up fossil fuel ...

Michigan House passes data centers tax break - Detroit Free Press

A tax break for data centers has Michigan environmental advocates worried about how the state will meet its clean energy goals.

Silicon Valley Billionaires line up for state tax handouts and massive ...

The push to exempt new data centers from taxes not only jeopardizes our environment by increasing the perceived need for fossil fuel energy ...

Data Centers Gobbling Up Existing Nukes Threatens Grid Decarb ...

... Nukes Threatens Grid Decarb Goals. Diverting existing clean power will increase pollution. July 11, 2024. Susquehanna Nuclear Power Station. Credit:.

Data centers can drive revenues for Dominion, Pinnacle West ...

Electric utilities looking to benefit from data center growth could face credit risks in the event new power demand does not materialize as expected.

How Some States Are Tackling Data Centers' Power Usage

A northern Virginia lawmaker instead proposed attaching strings to the state's data center tax break. This year, he introduced legislation ...

Michigan should only support sensible data center legislation

Senate Bill 237 and House Bill 4906 would give big state tax breaks to “enterprise” data centers through 2050 (2065 if a facility is located on a brownfield ...

Tax rules threaten to deflate fledgling hydrogen industry

Internal Revenue Service . On Christmas Day , the · IRS posted draft rules for qualifying for the tax credits. For hydrogen advocates, it was ...

A New Surge in Power Use Is Threatening U.S. Climate Goals

A boom in data centers and factories is straining electric grids and propping up fossil fuels.

The Latest on the Clean Energy Tax Incentives in the Inflation ...

Twelve of the IRA's tax credits are eligible for direct pay. The IRA made important adjustments to the Investment Tax Credit (ITC) and the ...

Civil society groups tell the White House to prioritize climate and ...

The rapid growth of Big Tech's data centers, coupled with the interests of investor-owned utility monopolies and the fossil fuel industry, could ...

Michigan data center legislation advances, sparks climate concerns

Michigan House OK's data center tax break that advocates say threatens climate goals ... Critics say water and power-hungry data centers could ...

Inflation Reduction Act (IRA) Summary: Energy and Climate Provisions

For the Renewable Electricity Production Tax Credit, Energy Investment Tax Credit, and new Clean Electricity Investment Tax Credit (ITC) and ...

Using Tax Incentives to Drive the Clean Energy Economy

We also need to eliminate the perverse subsidies hidden in our tax code that perpetuate our energy problems; increase transparency of government ...