Economy · World
New York proposes community investment for data centers
New York state has proposed a new policy requiring data centers to invest $1 million per megawatt of capacity into local community projects. This initiative aims to ensure that the development of large data centers, which are significant energy consumers, also benefits the communities where they are located. The proposal outlines a framework for how these investments would be structured and allocated to support local infrastructure, services, or environmental initiatives. The specific details of the investment mechanism and eligibility criteria for community projects are expected to be further defined.
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- Centre (2): Channel News Asia, Reuters