Monument’s chief AI officer, Joseph Hoefer, spoke with Axios about a new Senate bill that would ensure the cost of data centers’ energy use isn’t passed on to consumers.
Joseph Hoefer, chief AI officer and principal at Monument Advocacy in D.C., said in an email that the legislation “risks creating a whole set of consequences that ripple far beyond utility bills.”
“I worry that the immediate effect would be to stall a significant portion of projects that are already in development, because once you inject that level of power access uncertainty into the equation, financing tightens up very quickly,” Hoefer said.
“And at a moment when AI infrastructure is increasingly viewed as strategic, not just commercial, that slowdown has broader implications for US competitiveness.”