Anthropic is about to IPO at ~$1 trillion. Has anyone looked at the ESG liability?

Everyone’s talking about revenue growth and compute costs. Fair enough, the numbers are impressive.

But data centers cost the US economy $25 billion last year in environmental damage, $3.7 billion of that directly from AI. Right now that’s an externality society pays it, not the companies.

Once Anthropic goes public, that changes. SEC disclosure requirements, California’s SB 253, investor scrutiny. Stuff that was never visible as a private company is suddenly a line item.

No one in the analyst coverage seems to be pricing this in. Is that because it’s genuinely immaterial at this scale, or is it just not on anyone’s radar yet?

Curious what people here think.