Friday, July 04, 2025

Trump's Bill will Accelerate an American Energy Crisis, Cost US the AI Race

Fortune's energy editor Jordan Blum: America is facing an energy imperative: Grow power from all sources or face potential failure.

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According to an analysis by Michael Thomas, founder and CEO of the clean energy data platform Cleanview, the bill will increase electricity costs substantially for customers in every state--in some cases by more than 20 percent.

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-- Mother Jones (@motherjones.com) Jul 1, 2025 at 11:21 AM

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"Meanwhile, Trump's "One Big, Beautiful Bill" is intentionally handicapping more easily and faster-built wind, solar and battery storage projects that would help satiate the massive data center power demands of the large-scale cloud service providers known as hyperscalers.

The final legislation approved by Congress on July 3 (the House concurred on a 218-214 vote) agrees to quickly unwind the clean energy tax credits that could have helped strengthen an already stretched electric grid."

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"Unsurprisingly, the clean energy industry is up in arms about the BBB legislation. Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association, said it will increase electricity bills, shut down manufacturing facilities, cost many thousands of U.S. construction jobs, and weaken the grid.

"This legislation [will] set back America's global competitiveness, destabilize our energy future, and weaken the very industries that power our economy and strengthen our national security"while surrendering the 21st-century tech race to China," she said.

On the other hand, with money flowing from fossil fuel interests to support Trump and Republicans last year, oil and gas lobbyists " who frequently decry clean energy tax credits as unfair " praised the final bill."

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The tiny orange hand wins! It's full of oil money!

#1 | Posted by Corky at 2025-07-03 04:58 PM

Likely why Three Mile Island is being reactivated.


Three Mile Island nuclear plant will reopen to power Microsoft data centers (September 2024)
www.npr.org

Of course, Three Mile Island was so successful in the past ...

/s

#2 | Posted by LampLighter at 2025-07-03 06:54 PM

Fat Dementia Riddled Idiot

#3 | Posted by LegallyYourDead at 2025-07-04 05:01 PM

I thought Lewzer was going to fire up all the old coal plants?

#4 | Posted by REDIAL at 2025-07-04 05:29 PM

Well, not entirely. Companies building data centers or operating large manufacturing facilities are installing wind or solar power systems to help offset their electricity costs. Look at the Tesla factories and you will see solar arrays. Even retailers getting on the bandwagon. Visit the Smittys store at Bell Road and I-17 in northern Phoenix and you'll park under a solar array. You will return because you will be able to park your car in the shade while shopping. Alternative energy development will continue, but as of now not at the level needed ...

#5 | Posted by catdog at 2025-07-05 08:56 AM

There needs to be a neo-luddite punk movement against big tech, it's causing water scarcity and warming the globe, and it's ruining our brains

#6 | Posted by hamburglar at 2025-07-05 07:34 PM

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