Will Trump’s Bill Trigger a ‘Big, Beautiful’ Energy Crunch? | Trumponomics

This week, we explore how the legislation’s attack on renewable energy may push up electricity bills and damage US competitiveness in AI.
The tax credits in President Joe Biden’s sprawling Inflation Reduction Act were introduced to help the US keep up with rising electricity demand by making clean power sources cheaper. But now the big bill has changed all that, and an executive order issued days after its passage suggests his war on renewables isn’t over yet.
Joining host Stephanie Flanders to discuss this dramatic turn of events (and why members of Congress from states raking in renewable investments supported the bill) are guests Ethan Zindler, head of country and policy research at BloombergNEF and previously climate counselor to US Treasury Secretary Janet Yellen, and Bloomberg lobbying and influence reporter Emily Birnbaum.
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Tariffs, crypto, deregulation, tax cuts, protectionism, are just some of the things back on the table when Donald Trump returns to the Presidency. To help you plan for Trump's singular approach to economics, Bloomberg presents Trumponomics, a weekly podcast focused on the Trump administration's economic policies and plans. Editorial head of government and economics Stephanie Flanders will be joined each week by reporters in Washington D.C. and Wall Street to examine how Trump's policies are shaping the global economy and what on earth is going to happen next.

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Will Trump’s Bill Trigger a ‘Big, Beautiful’ Energy Crunch?