by Audrey Streb
The Daily Caller
The corporate media is suggesting that President Donald Trump and the One Big Beautiful Bill Act (OBBBA) are responsible for rising electricity prices rather than the aggressive green energy policies of Democrats and former President Joe Biden, who himself presided over a major spike in prices.
Several major corporate media outlets have linked Trump’s OBBBA to climbing energy prices, despite data from the Energy Information Administration (EIA) showing that electricity bills were already on the rise, shooting up during the middle of the Biden administration. Energy experts, grid watchdogs and operators have long warned that the Biden-era green energy push threatens grid security and drives up electricity costs, as power demand also surges from the booming artificial intelligence (AI) sector.
“Electricity prices have been increasing since the grid became burdened with unreliable and expensive wind and solar. The problem has recently worsened as electricity demand has increased because of the explosion in AI-driven data center energy needs that wind and solar just can’t meet,” Steve Milloy, senior policy fellow at the Energy and Environment Legal Institute, told the Daily Caller News Foundation. “Demand will likely continue to increase and will only be satisfied by more fossil fuel and nuclear baseload power. The BBB will make more baseload power possible by discouraging utilities from adding more unreliable and pointlessly expensive wind and solar.”
NZBA is an organization of lenders aiming to “[align] their lending, investment, and capital markets activities with net-zero greenhouse gas emissions by 2050.” The alliance is now having remaining members vote on whether the organization should abandon its membership-based structure or become an advisory body without members, according to NZBA.
