First reported by bsky
Analysis finds Trump energy policies raise electric bills amid AI-driven demand surge
Analysis: Trump Clean Energy Rollbacks Could Cost US Consumers $650 Billion by 2040
An analysis by the nonpartisan think tank Energy Innovation finds that the Trump administration's rollback of clean energy policies since January 2025 will cost American consumers $650 billion in additional energy bills by 2040. The report examines seven major policy shifts that it says will increase energy prices, slow economic growth and job creation, increase air pollution and healthcare costs, and worsen grid reliability. The analysis highlights the financial burden placed on ordinary ratepayers due to fossil fuel-friendly policy changes.
Key quotes
Federal policy changes since January 2025 will increase energy prices, slow economic growth and job creation, increase air pollution and healthcare costs, and worsen grid reliability.
The fossil fuel industry and this administration's policies are adding fuel to the fire, and ordinary ratepayers are the ones getting burned.
From the article
"The fossil fuel industry and this administration's policies are adding fuel to the fire, and ordinary ratepayers are the ones getting burned," said one campaigner.
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