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I'd be on board if for every data center a farm gave up the amount of water to use in that data center. Instead of carbon offsets, we'll let them purchase water offsets. Of course that's not a serious answer.
Farmers grow alfalfa in the desert and drain the western US's aquifers and rivers because we have insane water rights doctrines that entitle them to trillions and trillions of gallons of free or almost-free water far in excess of what the watershed regions can bear.
If we don't change that system, data center water usage is a rounding error that is barely noticeable at the scale of the problem. If we do change that system, data center water usage isn't a problem at all.
Well, to me, this sounds basically like "Jeff Bezos already exists, this school does not. Increasing the government budget to build a school here is not going to help our finance, so that's where we will push back."
(I don't think Jeff Bezos should lose all his money, but he could definitely pay more tax.)
Scale matters, and you're completely ignoring it. A single hamburger takes about 2,500 liters of water to produce. The US eats a lot of them and produces a lot of them.