Gavin Newsom: “We haven't had that kind of investment with hyperscalers…”

“I was just with a legislative leader on a zoom call in Virginia yesterday. 25% of that state's electricity consumption is data centers. They just ran roughshod over that state. We haven't had that kind of investment with hyperscalers, but we have a number of projects generating headlines and controversy. and concerns relates to not just electrical consumption, but obviously water consumption as well. We believe that all of these investments, the cost should be borne by the companies, should be put on and socialized on the backs of ratepayers.” (37:37–37:53)

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.