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"We Can't Move Forward": Brookfield-Backed Compass Abandons Virginia Data Center Project
"We Can't Move Forward": Brookfield-Backed Compass Abandons Virginia Data Center Project
Compass Datacenters is abandoning a massive data center project in Northern Virginia after what Bloomberg described as "intense pushback from local residents."
The retreat comes as local opposition to data center buildouts accelerates nationwide, with residents increasingly furious over surging power demand, soaring electricity bills, land-use battles, and transmission lines cutting through neighborhoods and farmland.
We were the first to describe the epicenter of the data center buildout revolt in the Mid-Atlantic area, all the way back in the summer of...
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Americans' Average Monthly Mortgage Payment Tops $2000 For The First Time Ever
Americans' Average Monthly Mortgage Payment Tops $2000 For The First Time Ever
Authored by Michael Snyder via The Economic Collapse blog,
U.S. households are being financially squeezed at a level that we have never seen before. I have often said that we are in a long-term cost of living crisis that never seems to end, and that is not an exaggeration at all. Just about everything has been getting more expensive in recent years, and as a result our standard of living has been going down. In many areas of the...
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