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Chevron Wants a School District Tax Break for a Data Center Power Plant in Texas

Chevron, the oil and gas giant, is reportedly seeking a tax break from a Texas school district to build a power plant designed specifically to supply energy to data centers. This move underscores the surging electricity demand driven by the expansion of AI and cloud computing. By requesting a tax break from the local school district, Chevron aims to reduce the costs of constructing the facility, likely drawing scrutiny over the use of public education funds for corporate energy projects. The development reflects a broader trend where traditional energy companies are diversifying into power generation for the tech industry, which faces growing pressure to secure reliable and affordable electricity. However, the proposal may face opposition from community groups concerned about property tax revenue losses and environmental impacts. The outcome could set a precedent for how energy infrastructure for data centers is financed and regulated in Texas and beyond.