Infrastructure, Infrastructure

Much has been written about the lack of spending on infrastructure development and maintenance, especially in the US, including from observers such as Paul Krugman and Barry Ritholtz, who note that historic low rates and the opportunity to provide jobs, make this the right time to address this deficiency.

An excellent example of smart investing in infrastructure is given in this report about Google’s server farm in Finland which, the builder concedes, is only possible:  “thanks to Scandinavia’s integrated electricity market and grid system, Nord Pool,” . “It enables us to buy the wind farm’s output in Sweden with Guarantee of Origin certification and consume an equivalent amount of power at our data center in Finland.”

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