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News
Kentucky tax revenue falls far short of amount needed to trigger income tax reduction
1+ week, 1+ day ago (175+ words) Under a system set up by Kentucky lawmakers in 2022, the state could lower the income tax by a half-point if it met certain thresholds. According to a letter State Budget Director John Hicks sent to lawmakers Friday, tax revenues were…...
Nevada lawmakers could hit pause on data centers, end their tax breaks
1+ week, 3+ day ago (834+ words) A state committee agreed to draft a bill to slow construction of data centers and abolish Nevada’s generous tax abatement program for them. Nevada lawmakers will consider a bill in 2027 that would end the state’s tax breaks for AI data…...
Nevada's Lombardo backed water-hungry data centers days after AI-linked donors gave a PAC $1 million
1+ week, 5+ day ago (402+ words) As public sentiment has increasingly turned against data centers, the companies behind the massive, energy-hungry facilities have been scrambling to curry political favor. In Nevada, a new report points to millions of dollars in political donations linked to those pushing…...
TeraWulf Wins Approval For 482 MW Kentucky Data Center Power Deal, Estimates $4.5B Investment
2+ week, 5+ day ago (460+ words) It would provide up to 482 MW of power at its Justified Data Campus in Hancock County, Kentucky. TeraWulf estimated site development and initial data hall investment to be $4 billion to $4.5 billion. Shares of TeraWulf Inc. (WULF) traded flat in morning…...
Kentucky PSC Approves 482 MW Power Agreement for TeraWulf’s Justified Data Campus
2+ week, 5+ day ago (297+ words) PSC order validates a responsible large-load development model that protects existing customers, assigns project-specific costs and risks to TeraWulf, and creates incremental value for utilities and communities The approval represents an important milestone for Justified and, in TeraWulf’s view, validates…...
Nevada approves thousands of robotaxis for Tesla, Waymo and Uber
3+ week, 1+ day ago (430+ words) Nevada is betting big on robotaxis as it approved applications from three major autonomous passenger ride operators to run thousands of vehicles. The Nevada Transportation Authority approved applications by Tesla, Waymo and Uber subsidiary Aviari to operate as autonomous vehicle…...