On Wednesday, the Trump administration announced that a large collection of tech companies had signed on to what it’s calling the Ratepayer Protection Pledge. By agreeing, the initial signatories—Amazon, Google, Meta, Microsoft, OpenAI, Oracle, and xAI—are saying they will pay for the new generation and transmission capacities needed for any additional data centers they build. But the agreement has no enforcement mechanism, and it will likely run into issues with hardware supplies. It also ignores basic economics.
Other than that, it seems like a great idea.