$14 billion in clean energy projects have been canceled in the US this year, analysis says
Source: AP
ALEXA ST. JOHN and ISABELLA OMALLEY 1:25 PM CDT, May 29, 2025
More than $14 billion in clean energy investments in the U.S. have been canceled or delayed this year, according to an analysis released Thursday, as President Donald Trumps pending megabill has raised fears over the future of domestic battery, electric vehicle and solar and wind energy development.
Many companies are concerned that investments will be in jeopardy amid House Republicans passage of a tax bill that would gut clean energy credits, nonpartisan group E2 said in its analysis of projects that it and consultancy Atlas Public Policy tracked.
The groups estimate the losses since January have also cost 10,000 new clean energy jobs.
The tax credits, bolstered in the landmark climate bill passed under former President Joe Biden in 2022, are crucial for boosting renewable technologies key to the clean energy transition. E2 estimates that $132 billion in plans have been announced since the so-called Inflation Reduction Act passed, not counting the cancellations.......................
Read more: https://apnews.com/article/climate-clean-energy-investments-trump-solar-wind-349e80c0d9c2cc768e63de9d48813d31
whow---10,000 clean energy jobs already this year!!