1. Meta will power its new Louisiana data center with natural gas plants. 2. Three plants will generate 2.25 gigawatts, aligning with future AI expansion. 3. Concerns arise over potential ratepayer costs after the 15-year contract. 4. Natural gas usage could hinder Meta’s 2030 net zero emissions pledge. 5. Meta recently made a 100-megawatt renewable power purchase.
While the new data center supports Meta's growth, environmental concerns could deter investors. Historically, similar backlash impacted stock prices of energy-dependent companies.
The article highlights Meta's strategic investment in infrastructure that may attract scrutiny, impacting future stock performance. The backlash against fossil fuel reliance can influence broader public sentiment and investor decisions.
The implications of the power deal will unfold over 15 years, affecting Meta's sustainability goals and public perception over time. For example, ongoing scrutiny of fossil fuel use may result in regulatory challenges.