National-led government gambling with New Zealand's global reputation. #NzPol
#NZ government reiterated its intention to force investment in an (unneeded) LNG terminal, & to make #electricity users, not #gas users, pay for it. #GasTax #nzpol #AtlasNetwork + #BigOil
www.carbonnews.co.nz/news/37546/i...
Read that the same has happened in Karori ๐
Also, what is reassuring about this? "Don't worry, we won't be meeting our international obligations either financially or environmentally!" Oh good, sounds fab
Worser bay too
I hope
190GW of data centres planned. NVIDIA CEO says theyโll cost 80-100B$ a gigawatt =ie theyโll cost between 9.5T$-15T$.
Such vast sums need vast returns =ie generative AI & AI compute need to make 2T$+/yr revenue by 2030.
Atm global AI revenue =less than 100B$/yr.
podcasts.apple.com/jp/podcast/m...