Trump's "big and beautiful" bill is clogging the throat of green energy AI frenzy suddenly encountering "power hungry"

According to the China Fortune Financial APP, the renewable energy industry was somewhat relieved when President Trump's proposed $3.4 trillion fiscal plan passed in Congress due to the cancellation of the consumption tax on wind and solar projects in the proposal. However, as the White House prepares for the bill signing ceremony, there is no doubt that this victory for the US president marks a major setback for the clean energy transition. The new law will gradually phase out tax credits for wind turbines and solar panels, posing a threat to many renewable energy projects.