Chevron seeks school-district tax break for Texas power plant
Chevron is seeking a Texas school-district tax incentive to build a new natural gas power plant, a move that could save the company hundreds of millions of dollars. Texas lawmakers are beginning to consider curbing generous corporate incentives for data centers even as this tax-break request moves forward. The plant’s electricity is intended for nonresidential use, and the proposed subsidy would shift substantial public tax revenue to a major oil company as Texas reviews its incentive policies.
NEW: i took a look at a chevron power plant designed to power a data center that is asking for a school district tax break in texas — the plant's probable client is microsoft, which made a series of promises around tax breaks in january my dive into tax breaks for data center power:
Karl Cramer2Remember 5 years ago when Microsoft said they’d be carbon neutral not only currently but for entire business history? Copilot threw that plan out the Windows.
Mrs. D. room C-142Chevron, who profited over 12 BILLION dollars year need a school district tax break?! For the love of all things!! They should be lavishing these schools with art supplies, musical instruments, and sports equipment. This world is upside down.
The move could save the oil company hundreds of millions, even as Texas lawmakers start looking at reining in incentives for data centers.
Coyote Layne12Translation: oil company that already gets huge tax breaks that the average Texan doesn’t get, wants more money.
excanberran.bsky.social9A tax break for something providing not just no benefit but actually active harm to the community?!? that is a whole new level of oil company evil. Onya Chevron, you guys are absolutely the worst
Misty M6Schools districts across Texas are facing massive shortfalls. The state continues to refuse to fully fund public school students but are fine giving massive tax breaks to big tech.
Bamboozer2The red states loved data centers, until it's their turn to be sold out by the politicians, and wind up with Data Centers that pay little in taxes, and other then the initial construction will provide few jobs. The billionaires behind the Data Centers will get their way, they always do.
