"Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one."go mad in herds, while they only recover their senses slowly, and one by one." Charles Mackay
In September, we published this original article raising concerns about the "Tale that Wags the Texas Energy Dog." The low-regulation state of Texas has quickly hung out its shingle for Bitcoin and A.I. data centers that are well known for their power and, in some cases, water demands. However, it appears that getting the information from these private operations, even as they seek tax incentives (Chapter 312 here in Texas) like EdgeConneX just did in Bastrop County, does not result in the disclosure of this information.
We suggest you watch this show to grasp the skepticism of Fred Hickey (The High Tech Strategist newsletter) about the massive investments in Gen AI. Thanks to this Adam Taggart's Thoughtful Money show, for the enlightenment. This show has real meaning to us in Texas as data centers are setting up shop across the state with big incentive packages and scant information available upon public information requests.
If this article interests you, please contact us to get involved in tracking this issue in the 2025 Legislative Session. You can also join us at upcoming forums in our Events section.
Of course, we also welcome your comments below this article.
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Additional Information: See the Austin Business Journal article about the EdgeConneX incentive here and here after the subsidy documents were executed and THEN made public.
See LA Times article here about how firms are withholding information across the country.
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