> While Meta has a non-binding promise to build more renewable energy, the Louisiana Legislature passed a new law that adds natural gas to the definition of green energy, allowing Zuckerberg and others to count Entergy’s gas turbines as “green.”
This means it isn't securities fraud when Meta tries to meet "climate commitments" due to the greenwashing of fossil gas generation by the state of Louisiana. Louisiana is a low regulation jurisdiction that doesn't care if most of the state ends up a Superfund site, so it is ideal to colocate data centers that are going to burn up a bunch of fossil gas there over their lifetime (when they are unwelcome elsewhere).
This means it isn't securities fraud when Meta tries to meet "climate commitments" due to the greenwashing of fossil gas generation by the state of Louisiana. Louisiana is a low regulation jurisdiction that doesn't care if most of the state ends up a Superfund site, so it is ideal to colocate data centers that are going to burn up a bunch of fossil gas there over their lifetime (when they are unwelcome elsewhere).
https://en.wikipedia.org/wiki/Cancer_Alley
https://www.propublica.org/article/toxmap-poison-in-the-air
https://www.propublica.org/article/cancer-alley-louisiana-ep...
https://www.propublica.org/article/welcome-to-cancer-alley-w...