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Thursday, July 03, 2025

- and it could cost the U.S. the AI race

BY Jordan Blum Editor, Energy - Fortune
July 3, 2025 at 2:34 PM EDT

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That's failure in the race against China for AI supremacy; failure to provide ample affordable power for its citizens; and failure to make energy as clean as possible as climate change woes mount with each passing year.

As President Donald Trump has touted American energy dominance, he has leaned on executive orders to expedite natural gas-fired power and new nuclear plants. But regulatory and supply-chain bottlenecks still put those projects several years out.

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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 | Reply

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 | Reply

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