Google to build data center in Minnesota with new solar, wind power and battery storage
Original Report
"What Google is doing is ensuring that when we show up, we aren't putting additional costs on other ratepayers," its head of data center energy told CNBC.
Glass House Analysis
Inflation is the silent tax that erodes purchasing power, hitting hardest those who can least afford it. When grocery bills rise faster than wages, families face impossible choices between food, medicine, and rent. Unlike market volatility that mainly affects investors, inflation touches everyone who buys groceries, fills a gas tank, or pays rent.
Energy prices affect virtually every aspect of daily life—from commuting costs to heating bills to the price of groceries (which must be transported). For working families, energy represents one of the most volatile and impactful line items in their budgets. Energy policy decisions ripple through the economy, affecting everything from manufacturing competitiveness to household financial stress.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
Enjoyed this analysis?
Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.
No spam. Unsubscribe anytime.
More Stories
Fed's Goolsbee calls for a hold on cuts as current rate of inflation is 'not good enough'
The Chicago Fed president said Tuesday that cuts aren't appropriate until there's more evidence that inflation is on its way down.
AMD’s stock rockets as Meta deal serves as major validation point for investors
Meta, looking to diversify beyond Nvidia, bets big on AMD chips, with a chance to invest in the company.
Consumers are more upbeat about the U.S. economy than previously thought
Consumer spending has been the most important driver of economic growth over the past year.