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23.8.26

PSC must rule to attract centers, help ratepayers

Economic prosperity through data centers is being thrown into Louisiana’s lap. But it’s not enough just to solve the puzzle of economic incentives; political necessities all need attending to.

It turns out that a number of states, run by Democrats, are throwing up roadblocks if not banning outright data centers, on claims that they hog too much water and raise electrical rates. Certainly, the Monroe area, while seeing a surge in business and tax receipts as a result of siting the Hyperion project in Richland Parish, also has witnessed negative externalities that could sour people on the idea.

However, such assertions ignore how other states, many farther along in the game, have engaged in policies that sidestep bothersome spillover effects. After all, they don’t have guns pointed at them, forcing them to hand out no-strings massive incentives.