No. A lot of that increase is coming from AI Data centers. Data centers are sucking up more and more electricity now. According to the International Energy Agency, Data center electricity demand worldwide will more than double by 2030, less than four years from now. And Wall street smells money. BlackRock has said that infrastructure investing is at the beginning of a golden age. Now, why would this be a golden age for investors like BlackRock? (00:45–00:54)
CLAIM
Asserts that global data center electricity demand will more than double by 2030.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
