More than $ 14 billion in clean energy investments that have been canceled or delayed so far in 2025, finds analysis
More than 14 billion dollars in Clean energy investments In the United States, it was canceled or delayed this year, according to an analysis released on Thursday, as Megabelle, the commentator of President Donald Trump raised fears of the future of local battery, electric cars, solar energy and wind energy.
Many companies are concerned that investments will be at risk amid Republicans ’acknowledgment in the House of RepresentativesThe tax bill that would knockIn its analysis of projects, the non -party E2 said that the non -party group E2 is in its analysis of projects, and it follows the general policy of information technology and consulting in Atlas.
Groups estimate that the losses since January have cost 10,000 new clean energy jobs.
The tax credits, which are strengthened in the historic climate bill that was approved during the era of former President Joe Biden in 2022, is decisive to increase the key to renewable technologiesClean energy transmission. E2 estimates that $ 132 billion plans have been announced since the so -called inflation law, not the cancellation account.
The draft law of the House of Representatives last week makes the discussion of many incentives of the law. Da`wah groups denounced the potential impact that can be on the industry yetThe package of tax exemptions in millions of dollarsHe passed.
“The Parliament’s plan, along with the administration’s focus on installing clean energy and returning us to a country supported by coal and gas, causes companies to cancel the plans, delay their plans and take their money and jobs to other countries instead,” said Bob Kevie, CEO of E2.
The Senate is now reviewing the draft law with an informal date on July 4 to reach it to the President’s Office.
What has been canceled
Some of the latest cancellation include the Kore Power Battery Factory in Arizona and the closure of Burgwarner for two EV manufacturers in Michigan. Bush suspended an investment of $ 200 million in a hydrogen fuel cell factory in South Carolina, citing changes inside the market during the past year in a statement by Associated Press.
Definitions, inflationary pressures, startups and low adoption rates of some technologies may be the reasons for changing the plans of these companies. For example, battery storage sectors and electric cars have seen the largest impact in 2025, with the latter in particular in the past few years. Many projects paid by the Irish Republican Army were canceled before 2025.
The analysis said that among the projects that were canceled this year, most of them came-more than 12 billion dollars-in the states led by Republicans and Congress regions. Experts say the red areas have benefited more than that blue from the flow of clean energy development and its functions.
Marilyn Brown, a professor of energy policy at the Georgia Institute of Technology, which was not involved in the analysis, said that Georgia and Tennessee are especially at risk because they are very investing in the production of EV and the production of batteries.
“If these sudden tax credits are removed, I am not sure how these continuous projects continue,” said Fengqi You, an engineering professor at Cornell University who was also not involved.
A handful of Republican lawmakers urged the continued energy tax credits, as some said in a letter to the majority leader of the Senate John Thun, Rubia. The cancellation can disrupt the American people and weaken the boycott position as a global energy leader.
The United States and the global stage
The Trump administration has sought to dismantle a lot of Biden’s environmental and climatic policy-what he calls the “green fraud” of Democrats-Withdrawal again from the Paris Climate AgreementHe declined countlessHistorical pollution regulationsandEnvironmental initiativesReconsideringScientific results that support climate workbanRenewable energy sourcesAnd more in an attemptPromotion led by fossil fuelThe agenda of “American energy dominance”.
Meanwhile, other countries are going with green investments. The European Parliament is committed to the mechanism for adjusting the carbon borders in the European Union, a policy that aims to prevent “carbon leakage”, or companies that transfer production to countries where climate policies are less strict. The International Maritime Organization is heading towardsGlobal carbon tax on shipping.
In a sign that there is no hope for the future of renewable energy sources in the United States, April alone witnessed approximately $ 500 million in a new development, with the Japanese manufacturer in building the energy arm in Hitachi from transportation and electricity operations in Virginia, materials and technology Corning Investing in solar manufacturing in Michigan.
However, $ 4.5 billion was canceled or delayed last month, according to E2.
This story was originally shown on Fortune.com
