New York Data Center Moratorium Faces Growing Business Pushback
Data center developers and economic development advocates are actively opposing a proposed year-long moratorium on data centers in New York. The measure, which has passed the legislature, now awaits approval from Gov. Kathy Hochul amidst concerns about utility price spikes and data center energy consumption.
Data center developers and economic development advocates in New York are mobilizing against a proposed year-long moratorium on data center construction. The measure, which recently passed the state legislature in early June, requires final approval from Governor Kathy Hochul before it can take effect.
The moratorium has become a contentious issue, potentially influencing voters in upcoming midterm elections, as it pits concerns over utility price increases against the growing presence of large tech companies. Governor Hochul, a moderate Democrat, has historically supported economic development initiatives but has also expressed caution regarding data centers' significant energy demands.
Bloomberg Law provides legal analysis and coverage of these ongoing developments.