YOUTUBE (The Hill) - Watch live: Trump gives remarks on expanding Ratepayer Protection Pledge
President Trump will deliver remarks Thursday afternoon on the White House's plan to expand a voluntary ratepayer protection pledge aimed at shielding consumers from electricity cost increases tied to AI data center growth. The announcement comes as the Ratepayer Protection Act is gaining steam in the House. The legislation, if passed, would require states to "consider" standards that place the costs associated with the sprawling AI infrastructure on tech companies rather than individuals. Earlier this year, the Trump administration said it was seeking agreements with Big Tech companies to pay for the increased power costs in areas where they build new data centers. #trump #epa #ai
WASHINGTONPOST (Cat Zakrzewski, Evan Halper) - Trump unveils data center pledge amid voter backlash to high utility bills
Top AI executives, in response to a backlash against high utility bills, pledged to cover the energy costs created by data centers at an event with the president.
NYTIMES (Brad Plumer) - Why Data Center Firms Are Working With Trump on Energy Costs
The White House has floated a new plan to try to ease voter concerns over the A.I. boom’s effect on electric bills. But it won’t be easy to put into practice.
AXIOS (Chuck McCutcheon) - Trump's AI pledge: Tech giants say they can contain power costs
President Trump and tech CEOs expressed confidence Wednesday that they can contain soaring electricity rates with a new data center pledge that formalizes and expands on what companies already are doing. Why it matters: With rising power bills turning AI and data centers into an election-year issue, Trump — who campaigned on a promise to cut costs — is eager to show he's trying to protect consumers. - Skeptical Democrats and some energy observers, however, say that far more than voluntary pledges are needed. Driving the news: Microsoft, Amazon, Google, Meta, Oracle, xAI and OpenAI signed the pledge during an event with Trump, who mentioned the initiative during last week's State of the Union address. - The agreement calls for the…
President Trump and tech CEOs expressed confidence Wednesday that they can contain soaring electricity rates with a new data center pledge that formalizes and expands on what companies already are doing. Why it matters: With rising power bills turning AI and data centers into an election-year issue, Trump — who campaigned on a promise to cut costs — is eager to show he's trying to protect consumers. - Skeptical Democrats and some energy observers, however, say that far more than voluntary pledges are needed. Driving the news: Microsoft, Amazon, Google, Meta, Oracle, xAI and OpenAI signed the pledge during an event with Trump, who mentioned the initiative during last week's State of the Union address. - The agreement calls for the…Open
JUSTTHENEWS (The Center Square Staff) - House panel halts bills tied to data center power costs
The legislation would require regulators to examine whether customers that are not high-load users could be subsidizing transmission, generation or distribution costs tied to facilities such as large data centers.
NYTIMES (Brad Plumer) - Trump Says Tech Firms Should Pay More for Electricity
The president said he had negotiated a deal with tech giants to cover the energy costs of data centers, but offered few details. Experts said such pledges could prove difficult in practice.
NEWSNATIONNOW (Rachel Frazin) - Trump to announce electricity ‘rate payer protection pledges’ from Big Tech
It’s expected to be one of several economic announcements that Trump makes during the highly anticipated speech.