The Damage Report
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Trump Con COLLAPSES After Power Prices Skyrocket As Energy Nightmare Revealed
Posted
September 13, 2025
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5:55Now PlayingDonald Trump's massive failures surge into spotlight as power prices skyrocket at a rate twice as fast as the already high inflation, with Trump's policies on specific energy sources and boundless AI creating huge bills for the public. John Iadarola and Sharon Reed break it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
CNN's Matt Egan explains why electricity prices are soaring
"On the September 7 edition of CNN This Morning Weekend, business reporter Matt Egan outlined some of the reasons energy prices are rising twice as fast as inflation.
According to The Guardian, a recent report from Climate Power found that “household electricity bills have increased by 10% since Donald Trump re-entered the White House.” Right-wing media and the Trump administration are attempting to blame Democrats and renewable energy, even though a greater supply of renewable power would bring costs down. Moreover, as Time reported, “a recent analysis by Heatmap found that, in states with higher adoption of renewables, prices have risen more modestly than average — or even fallen."
Egan notes that the biggest driver contributing to cost increases from the demand side is “artificial intelligence and the data centers that power the AI boom. … By some estimates, data center energy demand has tripled over the past decade and is expected to double or triple again by 2028.” On the supply side, Trump’s policies — including keeping aging fossil fuel plants online while rolling back and canceling renewable energy projects — are also driving rates up. For example, one such project is Revolution Wind, a wind farm off the coast of Rhode Island that was expected to power “more than 350,000 homes” before the nearly finished project was halted on August 22 by the Trump administration."
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