> Is Amazon too broke to buy the necessary land to build out wind/solar/battery?

It's more capital intensive, and interest rates are 8%, because our elected officials are completely incompetent.

8% interest rates don’t seem to be a problem for financing all the data centers and AI hardware.

Amazon can afford to power their data centers with clean energy.

It’s not called “Climate Pledge But Only If It’s Less Capital Intensive Arena”

malvim 3 hours ago | parent | prev | next [-]

They’re absolutely not that incompetent. They’re on the pockets of people who profit directly from this.

Follow the money, and all that.

	▲	seizethecheese 2 hours ago \| parent [-]
		I don’t think business really wants interest rates that high. Without conspiracy theories, a simpler explanation is that this is simply democracy in action. People don’t want the spending reigned in, and they don’t want their taxes raised.

user43928 3 hours ago | parent | prev [-]

I am curious how renewables + battery compare here, if at all feasible.

I thought there was a gas turbine shortage?