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US communities push back against data center growth, raising election concerns

Market News
02 Sep 2026
CNBC
View Source
Neutral
US communities push back against data center growth, raising election concerns

Berkshire Hathaway CEO Greg Abel highlighted growing resistance in US communities to data center construction, citing concerns over resource use and local impact. With over 4,700 data centers nationwide and more planned, states like New York have imposed moratoriums or restrictions. This pushback is drawing attention from Wall Street, with analysts suggesting it could influence the upcoming midterm elections due to debates over resource consumption and job creation. Berkshire is interested in supporting data centers if it doesn't affect other customers' rates, signaling cautious engagement in this expanding sector.

More News (BRK.B)

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