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hatrack

(63,128 posts)
Mon Jun 30, 2025, 07:12 AM Jun 30

Oh No!! The Giant Pile Of Shit Bill Will Hurt Growth Of Data Centers And AI By Making Energy More Expensive!!

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Rising energy prices and delays in building new power plants will slow the growth of factories and data centers in the United States, experts say. “If they can’t find the power here, they will go somewhere else to find the power,” said John Hensley, senior vice president for markets and policy analysis for the American Clean Power Association, an industry group representing wind and solar interests. “You’re already starting to see them look at places like Canada, Iceland or the Nordic countries that have surplus electricity available.”

Meanwhile, tech companies urged lawmakers to focus on the implications for artificial intelligence. Lawmakers should “deploy an all-of-the-above energy strategy that ensures sufficient generation capacity from a diverse supply of energy sources, including nuclear, geothermal, and solar to support the development of AI,” Janae Washington, a spokesperson for the Information Technology Industry Council, wrote in an email on Sunday. “We urge the Senate to prioritize a reliable and resilient energy mix that advances AI innovation and growth and reject provisions that will harm the U.S.’s ability to compete in the global race for AI and energy dominance,” Washington wrote.

The bill would also end direct subsidies for making solar panels, wind turbines, batteries and electric cars in the United States. Spooked manufacturers are already canceling planned factories, and the swift end of promised tax credits could doom the brief boom in U.S. manufacturing, which is mostly built on EVs and green energy projects.

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“We’re undermining the entire infrastructure to onshore those industries, and we’re going to make it a lot more expensive for other industries like AI and data centers to move here and to onshore here by making their energy costs go through the roof,” Orvis said. Meanwhile, North America’s Building Trades Unions estimates the bill will eliminate up to 1.75 million construction jobs. “If enacted, this stands to be the biggest job-killing bill in the history of this country,” the group warned Saturday. “Simply put, it is the equivalent of terminating more than 1,000 Keystone XL pipeline projects.”

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https://www.washingtonpost.com/climate-environment/2025/06/29/trump-tax-bill-energy-prices-hike/

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