- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: CNBC: To land Meta’s massive $10 billion data center, Louisiana pulled out all the stops
Posted on 6/26/25 at 10:45 am to LSUballs
Posted on 6/26/25 at 10:45 am to LSUballs
I wouldn’t say accurately stating the poverty rate and complimenting the state on jumping at an opportunity to help that is the same as saying farmland is worthless.
0
Posted on 6/26/25 at 11:15 am to LSUballs
Balls, you better hurry up and buy Ink’s place before the price goes up again. It’s up to $80 mil from $50 mil originally.
Posted on 6/26/25 at 11:20 am to Chicken
quote:
"Will it be worth it?"
If you're in the room for the bribes... oh I'm sorry, "political free speech" it's going to be great. Everyone else in the state will end up getting fricked.
This post was edited on 6/26/25 at 11:21 am
Posted on 6/26/25 at 11:25 am to bayouteche
quote:
etter hurry up and buy Ink’s place before the price goes up again. It’s up to $80 mil from $50 mil originally.
If it still had the rabbits on it that it had before the CRP thinned out I would. As it is I would give over 30m.
Posted on 6/26/25 at 11:49 am to Chicken
It's hot in the summer.
We shouldn't build them because of global warming.
We shouldn't build them because of global warming.
Posted on 6/26/25 at 11:53 am to dgnx6
Pics I took last week-
Posted on 6/26/25 at 11:56 am to LSUballs
There have been some bunnies slayed and some alcohol consumed on that place for sure.
Posted on 6/26/25 at 4:10 pm to Adam Banks
quote:I would be floored if they couldn't find a project that would bring in the same revenue for 3/4 the subsidy or less (in other words, a better net economic impact), if they really wanted to. They obviously don't just want a good economic deal (because this is not one). It would be better policy to just lease it out for controlled hunting. But JBE wants a splash and a political network for himself.
Tell that to the electricians plumbers etc etc etc.
The state has been looking for a “better deal” for 20 years.
There ain’t one.
The choice is META or nothing. Potentially for another 20 years. At which point the population drain and mind drain will continue on and on until the area completely dies.
You have to start somewhere.
Using your own example, a company that created $1 of tax revenue or one permanent job and only demanded hundreds of millions of dollars in subsidies would be a better deal.
This post was edited on 6/26/25 at 5:45 pm
Posted on 6/26/25 at 6:09 pm to Jack Daniel
Nothing but more Corporate welfare courtesy of the taxpayers while their elected officials get more bribes called campaign contributions.
Posted on 6/26/25 at 7:13 pm to Gravitiger
quote:
This is just JBE wanting to be able to say he brought Meta to LA, damn the cost.
quote:
But JBE wants a splash and a political network for himself.
Huh? What does JBE have to do with it?
quote:
Using your own example, a company that created $1 of tax revenue or one permanent job and only demanded hundreds of millions of dollars in subsidies would be a better deal.
Well that’s just.. not true. The facility will generate less tax revenue than a comparable $10 billion facility with no tax exemptions, sure. But acting like it will generate zero tax revenue is silly.
I’m much more concerned about the Entergy/PUC side of this than the tax exemptions.
Posted on 6/26/25 at 8:33 pm to Gravitiger
quote:
would be floored if they couldn't find a project that would bring in the same revenue for 3/4 the subsidy or less (in other words, a better net economic impact)
For who? You realize that Louisiana was the only place in the United States willing to try this right? And the only reason they did is because NOTHING is going to Northeast Louisiana. If the state nets $1 from this, it's more than they would have made for the next 50 years. The people against this project have never been to Holly Ridge.
Posted on 6/26/25 at 8:57 pm to YouKnowImRight
I'm not against it, I just think it's not going to be the boon it was made out to be. We gave a lot of tax breaks to the film industry too. At the end of the day they were just paying us with our own money.
Posted on 6/26/25 at 10:25 pm to Mingo Was His NameO
quote:
Working on some Alabama data center shite this morning, I think I got it just fine. Side note: just got official new billing rates this morning, can you believe our interns are $200/hour Aka more than you charge
Well this is in LA and the statutes have been posted numerous times. Shocking that you think AL laws apply to LA though…
Posted on 6/26/25 at 10:52 pm to IMJ127
quote:
Only 500 jobs. Tax breaks and tax payer money out the arse. Our power in NELA goes out with a summer shower. I guess we can put it on our resume tho.
I think they are counting jobs at the new power plants in those numbers too. Data centers have very few employees.
Posted on 6/27/25 at 6:33 am to DeCat ODahouse
quote:
As an earlier post by Billjamin pointed out, if Meta pays less than average rate payers, then someone else may be asked to subsidize Meta.
It’s not that simple. Industrial customers have consistent demand relative to residential customers. Energy production is built according to peak demand. Data centers paying less per marginal kWh is intuitive.
Is it fair that customers that live miles from eachother in the country (so they basically require miles of electrical lines and service) pay the same as those in town? Subsidies are basically the essence of public utilities.
Posted on 6/27/25 at 7:11 am to Gravitiger
I really like the guy who's so knowledgeable about the situation that he keeps posting multi paragraph diatribes railing against John Bel Edwards. :Classic!
Posted on 6/27/25 at 8:01 am to OceanMan
quote:
It’s not that simple. Industrial customers have consistent demand relative to residential customers. Energy production is built according to peak demand. Data centers paying less per marginal kWh is intuitive.
Except they’re literally building a power plant just to support this data center.
The industrial vs. residential rate isn’t even really the issue when it comes to these data centers. Those rates are at least public knowledge. The various interest groups have an opportunity to weigh in on the “cost causation” calculations.
The problem is that utilities are entering into “special contracts” with data centers, with rates that are not seen by anyone outside of the PUC. Nobody outside of Entergy, Meta, and the PUC has any idea what Entergy will recoup from Meta. Yet Entergy is guaranteed to recoup any remaining costs (plus ROI) from the rest of the public. Including other industrial customers who don’t have special contracts.
Special contracts with publicly-redacted rates should not be legal for a utility.
Posted on 6/27/25 at 8:13 am to Chicken
quote:
"Will it be worth it?"
Yes. It will keep Louisiana modernized in a digital society. The data centers are needed for all the processing that goes on with AI and machine learning. More businesses are going to a hybrid cloud model. It saves on real estate. Companies can have redundancy with their infrastructure. They can have a small data center at their business and duplicate it at a nearby data center (hyperscaler) and provide 99+% uptime. It's also a more advanced way for storing nightly backups and archives. Local businesses can have direct fiber connections to these data centers. Less hops through telecommunications will mean less latency when you have a lot of data to move overnight.
This post was edited on 6/27/25 at 8:15 am
Posted on 6/27/25 at 8:17 am to slackster
quote:
Well this is in LA and the statutes have been posted numerous times. Shocking that you think AL laws apply to LA though
This is why you bill $100 an hour for divorce work
Posted on 6/27/25 at 8:19 am to Gravitiger
quote:
I would be floored if they couldn't find a project that would bring in the same revenue for 3/4 the subsidy or less
Based on what? That’s just you feel?
Considering you don’t even know who the fricking governor is, I’m not going to take your thoughts very seriously. Seems reasonable, no?
Page 7 of 8
Popular
Back to top
Follow TigerDroppings for LSU Football News