Data center owners urge US Treasury to keep renewable energy subsidy rules

The Data Center Coalition, which represents data center owners including Google, Amazon and Microsoft, called on U.S. Treasury Secretary Scott Bessent to uphold existing rules for wind and solar energy subsidies, saying they have enabled the industry to grow quickly and stay ahead of competition from China.

Tougher rules on how projects can qualify for federal clean energy tax credits could slow development of new electricity generation at a time of surging power demand driven by artificial intelligence and the digital economy.

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