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The AI Investor
@The_AI_Investor
Deep research on AI investing, join Patreon, Substack for more! DISCLAIMER:
Joined September 2020
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So I guess market is mostly in unrealistic fear as per below post by Gavin. Governor-elect Gina Hinojosa will let all currently permitted Texas data centers finish building, covering most projects through 2027 and into 2028. New permits for 2028–2029 delivery will require data centers to pay taxes, keep consumer power prices flat, protect water supplies, use union labor, and give local communities a formal role in decisions.
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The governor-elect of Texas, Gina Hinojosa, has explicitly said that all currently permitted datacenters in Texas will be allowed to finish construction. This essentially covers all of the 2027 and likely well into 2028. She is going to pass laws that ensure that all *newly* permitted datacenters going forward for delivery in 2028/2029 will pay taxes, commit to no increase in power prices for consumers, don’t impact water availability for people, be constructed with union labor and give “Texans a seat at the table.” Sounds reasonable. She doesn’t want to lose a lot of good blue collar jobs and property taxes for small towns in rural Texas. Datacenter commentary starts at 6:30 in this interview. Also attaching her official campaign position from her website in the next post. Sidenote: After watching a bunch of her speeches and interviews, I do think she is a political talent and probably has a future in national politics.
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