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Florida Senate advances bill to regulate data centers amid concerns over energy and water use [CBS News]

NextEra Energy, Inc. (NEE) 
Last nextera energy, inc. earnings: 4/22 07:30 am Check Earnings Report
US:NYSE Investor Relations: investor.nexteraenergy.com
Company Research Source: CBS News
continues to move in the Florida Senate, while the House has yet to take similar action. The Senate Community Affairs Committee backed a measure Tuesday (SB 484) that seeks to regulate the facilities that are going up to support artificial intelligence and other emerging technologies. Bill sponsor Sen. Bryan Avila, R-Miami Springs, said the goal is to balance the state's natural resources with being a leader in technology. "We want to maintain that we are at the forefront of technological advances," Avila said. "But again, we want to make sure that we also strike that balance and make sure we protect our ratepayers from higher electricity costs, which is what we've seen in other states." The measure, which doesn't have a House companion, would require that the facilities pay costs of electric service --- shielding residents and other businesses from getting hit with part of the tab --- and putting in place water permitting requirements. Data centers need large amounts of water Show less Read more
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