President Trump’s “One, Big, Beautiful Bill Act” is drawing sharp criticism from energy experts, tech leaders, and climate advocates for provisions that slash Biden-era clean energy tax credits. The Senate bill would gut incentives for wind, solar, EVs, and hydrogen projects—cuts that critics argue could derail U.S. competitiveness in AI and clean energy.
Elon Musk warned the bill is a “massive strategic error,” saying it would leave the U.S. “extremely vulnerable.” Analysts project that the bill could raise electricity prices by 19% by 2030 and stall clean energy growth, even as demand from AI and data centers surges.
Some Republicans are pushing to soften the bill, but amendments have not yet passed. Meanwhile, the bill’s fossil fuel emphasis has drawn fire from both economic and national security circles, with fears China could gain ground in green tech as the U.S. pulls back.
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