alt Hacker News> Is Amazon too broke to buy the necessary land to build out wind/solar/battery?
It's more capital intensive, and interest rates are 8%, because our elected officials are completely incompetent.
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locusofself • today at 12:02 AM
I'm absoltutely not defending the environmental decision, but these datacenter projects seem to be funded mostly by free cash flow (not borrowed money), from the hyperscaler profit margins.
user43928 • yesterday at 8:10 PM
I am curious how renewables + battery compare here, if at all feasible.
I thought there was a gas turbine shortage?
malvim • yesterday at 8:43 PM
They’re absolutely not that incompetent. They’re on the pockets of people who profit directly from this.
Follow the money, and all that.
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8% interest rates don’t seem to be a problem for financing all the data centers and AI hardware.
Amazon can afford to power their data centers with clean energy.
It’s not called “Climate Pledge But Only If It’s Less Capital Intensive Arena”