Archive · 10 Jun 2025

Tech Industry Battles to Save Clean Energy Tax Credits

Tech Industry Battles to Save Clean Energy Tax Credits

Big tech companies like Google, Microsoft, and Amazon are asking the government to keep tax credits for clean energy.

They're worried that changes in a new bill could make it harder to get enough electricity to run their data centers, which are essential for AI.

If the bill passes, projects would need to be built very quickly to get the tax breaks, which is tough for renewable energy projects.

Without these tax credits, tech companies might have trouble growing their AI businesses and could even slow down the fight against climate change.

The tech industry says power shortages could hurt their AI progress compared to China.

Some Republicans are worried about the costs of these tax credits.

Sources