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A new analysis of what Congressional lawmakers have dubbed the One Big Beautiful Bill Act found it would eliminate thousands of jobs in South Dakota and slow economic growth.

The bill's current language repeals multiple federal policies, funding programs and tax credits meant to boost American clean energy and manufacturing.

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Daniel O'Brien, senior modeling analyst for the nonpartisan think tank Energy Innovation, said South Dakota could lose as many as 1,600 jobs by 2030 as funding is diverted to jobs in the coal, oil and gas industries.

"Those are but a fraction of the number of jobs that are being lost in manufacturing, construction, utilities, farming and agriculture," O'Brien explained.

O'Brien noted up to 840,000 jobs nationwide could be eliminated over the next five years if the current bill remains intact. It repeals more than $500 billion in Inflation Reduction Act investments, which some House Republicans have dubbed a "green new scam."

South Dakota households currently benefit from low energy prices, partly due to the growth of renewable energy. The industry has drawn more manufacturing to the state, along with data centers in need of large amounts of cheap power. But the analysis showed a shift toward fossil fuels will increase annual statewide energy bills by more than $180 million by 2035.

O'Brien stressed industries looking to reduce costs may choose to operate elsewhere.

"When you repeal these tax credits, you lose the incentivization of companies to build out cheap renewables in South Dakota," O'Brien pointed out. "For that reason, companies that are relying on their cheap power might go to other states or they might move outside of the U.S."

He added gas prices are also expected to rise with the repeal of EPA rules on vehicle tailpipe emissions and fuel economy standards. Zero-emission vehicle sales in South Dakota are expected to fall from more than 50 percent in 2030 to around 30 percent over the next five years.