Labor to set terms for datacentre and AI growth as it vows not to repeat mistakes of resources boom
Australia's Labor government plans to regulate the burgeoning data center and AI industries to avoid repeating past resource boom mistakes. Assistant Minister for the Digital Economy, Andrew Charlton, announced a proposed "triple lock" policy requiring new data centers to offset their energy demand with renewable sources, cover infrastructure costs, and support grid stability. While industry groups express concerns about the feasibility of immediate 100% renewable offsets, government officials and clean energy advocates argue that project timelines are improving and that legislative backing is crucial for effective implementation. AI
IMPACT Sets a precedent for managing AI infrastructure's environmental and economic impact, potentially influencing global regulatory approaches.