The Bad PlaceFeed: All Latest | A Chevron Texas Power Plant Seeks School District Tax Break by Molly Taft
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Chevron’s subsidiary Energy Forge One has applied to the Texas Comptroller for a JETI‑program tax abatement that could save the oil giant more than $227 million over ten years for a new gas‑fired power plant in West Texas. The plant will not feed the public grid but will deliver “behind‑the‑meter” electricity directly to a data center that may be leased by Microsoft, with whom Chevron has an exclusivity agreement but no finalized contract. The project, which promises over 25 permanent jobs, would emit roughly 11.5 million tons of CO₂ annually—more than the country of Jamaica—raising environmental concerns as lawmakers begin scrutinizing the growing wave of data‑center incentives that have already cost Texas and other states billions in lost revenue. Critics argue that Texas’s revised JETI program still offers relatively low oversight, and bipartisan leaders are urging tighter safeguards to ensure taxpayers benefit from such large‑scale, privately funded infrastructure.
Read more: https://www.wired.com/story/chevron-wants-school-district-tax-break-data-center-power-plant-texas/
#Chevron #EnergyForge #TexasComptroller #JETIprogram #Microsoft #Wired #DanPatrick #Texas #JaneFlegal #science #science_environment #texastwostep
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