Legislature’s data-center ban is economic suicide | Latest News

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Legislature’s data-center ban is economic suicide – Latest News

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When did progressives change into so obsessively afraid of the longer term?

We ask as New York’s Legislature strikes to ban new data-center construction over a host of utterly spurious considerations, denying Empire State staff the roles and different economic alternatives the services offer.

Just because the state a decade in the past banned fracking, a apply that’s nonetheless enriching communities proper subsequent door in Pennsylvania 15 years later, with completely zero signal of any of the perils cited to stop it right here.

Our lawmakers oppose something that guarantees robust state economic growth, it appears; and so New York loses ever more ground to the remainder of the nation (other than different deep-blue states whose progressives select the identical disastrous course).

It’s solely a one-year moratorium, pols like state Senate Majority Leader Andrea Stewart-Cousins protest: “We believe that we can get this right” in the event that they “just put a pause on the application process.”

That was how then-Gov. Andrew Cuomo pitched his initial fracking ban — however that led inexorably to a everlasting legislative ban; they at all times begin with a “pause.”

The supposed risks are ridiculous: imaginary threats to water provide (identical as with fracking!), strains on the facility grid and even supposed air pollution  . . . from buildings that principally maintain a ton of laptop energy: Don’t breathe close to your iPad!

In reality, knowledge facilities use much less water than most industrial services; anybody planning to construct one round right here will work out electric provide (fairly presumably establishing their own energy plant) earlier than the primary shovel hits the dust.

The fears are nation-wide: Gallup studies opposition is even stronger than to placing up new nuclear energy plants (that are additionally completely secure, for what it’s price) within the space.

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How did that hysteria construct?

Evidence suggests Beijing is keen to dam US knowledge facilities to cripple the AI industry that wants them, in order that China can seize the lead on the important thing technology of the longer term.

It’s absolutely no coincidence that the Chinese Community Party’s best buds in America, such because the Singham activist community, are all-in on pushing opposition to AI and knowledge facilities.  

Gov. Kathy Hochul has a clear responsibility to veto this “moratorium,” and we see good cause to hope she’s going to.

At an Association for a Better New York breakfast in March, Hochul vowed to have New York lead the nation in AI innovation and AI job creation, whereas additionally suggesting knowledge facilities ought to “either create their own power” or “contribute more to New York’s energy infrastructure.” 

The gov may depend on help from the construction unions, which perceive that the ban would value their members top-dollar work.

If Hochul doesn’t veto this nonsense, she’s placing a giant “Stay Out!” signal for any company that’s seeking to come right here, as a result of a data-center ban proves that New York doesn’t even need a brilliant future.

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Hi, I’m a passionate cryptocurrency enthusiast with 10 years of experience in the world of digital currencies. I’ve always been fascinated by blockchain technology and the potential of decentralized finance (DeFi) to reshape the financial landscape. I share insights, tips, and strategies to help others navigate the fast-paced world of crypto.

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