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Berkshire CEO Abel warns data-center backlash could raise political risk

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Berkshire CEO Greg Abel said the company’s role in the data center boom is tied to supplying power, and it would do so only if other customers’ electricity rates are unaffected. He described growing political pushback over resource use and jobs as state moratoriums target facilities drawing 50 megawatts or more, while electricity costs near major hubs have surged.

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