A
wind
power
turbine
near
Constellation
Energy’s
LaSalle
Clean
Energy
Center
nuclear
power
plant
near
Marseilles,
Illinois
on
May
23,
2025.
Scott
Olson
/
Getty
Images
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More
than
$14
billion
in
clean
energy
projects
have
been
canceled
or
delayed
in
the
United
States
since
January,
according
to
a
new
analysis
by
Environmental
Entrepreneurs
(E2),
a
nonprofit
clean
energy
business
group.
The
2025
losses
have
also
cost
10,000
new
jobs
in
low-carbon
energy
and
clean
vehicle
factories,
a
press
release
from
E2
said.
The
cuts
came
amid
rising
fears
over
what
the
future
holds
for
federal
clean
energy
policy
and
tax
credits.
In
April,
$4.5
billion
in
new
electric
vehicle
(EV),
battery
and
wind
energy
projects
were
canceled
by
companies
in
advance
of
the
U.S.
House
of
Representatives’
passage
of
an
enormous
tax
and
spending
package
—
the
One
Big
Beautiful
Bill
Act
—
which
would
essentially
do
away
with
clean
energy
tax
credits
passed
in
2022.
“Now
is
not
the
time
to
raise
taxes
on
clean
energy
and
compound
the
business
uncertainty
that
is
clearly
taking
a
greater
and
greater
toll
on
U.S.
manufacturing
and
jobs,”
said
Michael
Timberlake,
communications
director
at
E2,
in
the
press
release.
Uncertainty
around
future
of
clean
energy
tax
credits
is
driving
billions
in
new
investments
out
of
the
US,
Red
states
in
particular.
“Georgia
and
Tennessee
are
particularly
at
risk
because
they
are
highly
invested
in
EV
and
battery
production”
on.e2.org/3Z6zDNm[image
or
embed]—
E2
(@e2org.bsky.social)May
29,
2025
at
10:27
AM
E2
tracked
another
$1.5
billion
in
projects
that
had
been
canceled
in
previous
months.
Ahead
of
the
Senate’s
consideration
of
the
legislation,
the
analysis
by
E2
shows
that
over
10,000
announced
jobs
were
already
canceled
amid
apprehensions
over
the
bill’s
advancement.
“If
the
tax
plan
passed
by
the
House
last
week
becomes
law,
expect
to
see
construction
and
investments
stopping
in
states
across
the
country
as
more
projects
and
jobs
are
canceled.
Businesses
are
now
counting
on
Congress
to
come
to
its
senses
and
stop
this
costly
attack
on
an
industry
that
is
essential
to
meeting
America’s
growing
energy
demand
and
that’s
driving
unprecedented
economic
growth
in
every
part
of
the
country,”
Timberlake
added.
Republican
congressional
districts
have
been
experiencing
the
most
cancellations
despite
benefitting
the
most
from
the
tax
credits.
More
than
13,000
jobs
and
over
$12
billion
in
clean
energy
projects
have
been
canceled
so
far
in
Republican
districts
this
year.
“The
House’s
plan
coupled
with
the
administration’s
focus
on
stomping
out
clean
energy
and
returning
us
to
a
country
powered
by
coal
and
gas
guzzlers
is
causing
businesses
to
cancel
plans,
delay
their
plans
and
take
their
money
and
jobs
to
other
countries
instead,”
said
Executive
Director
of
E2
Bob
Keefe,
as
The
Associated
Press
reported.
Through
April
of
2025,
more
than
61
percent
of
all
announced
clean
energy
projects
—
as
well
as
72
percent
of
jobs
and
82
percent
of
investments
—
were
in
Republican
congressional
districts,
the
press
release
said.
Tennessee
and
Georgia
are
especially
at
risk
because
they
have
made
major
investments
in
the
production
of
EVs
and
batteries,
according
to
Marilyn
Brown,
a
professor
of
energy
policy
at
the
Georgia
Institute
of
Technology,
who
did
not
participate
in
the
analysis,
reported
The
Associated
Press.
“If
all
of
a
sudden
these
tax
credits
are
removed,
I’m
not
sure
how
these
ongoing
projects
are
going
to
continue,”
said
Fengqi
You,
a
Cornell
University
engineering
professor,
who
was
not
involved
in
the
analysis.
In
an
April
letter,
some
Republican
lawmakers
told
Republican
Senate
Majority
Leader
John
Thune
of
South
Dakota
that
a
repeal
of
the
tax
credits
could
weaken
the
U.S.
position
as
a
world
energy
leader.
However,
as
cancellations
rise,
businesses
are
still
investing
in
the
country’s
clean
economy.
Companies
announced
almost
$500
million
in
investments
in
April
for
new
factories
to
produce
solar,
EV,
grid
and
transmission
equipment
across
six
states.
These
include
a
$400
investment
for
the
expansion
of
a
Michigan
solar
wafer
factory
that
is
predicted
to
create
a
minimum
of
400
new
jobs
and
a
$9.3
million
investment
from
a
solar
equipment
manufacturer
in
Canada
to
build
a
new
solar
plant
in
North
Carolina.
If
completed,
the
seven
projects
are
expected
to
create
almost
3,000
new
permanent
jobs.
Since
Congress
passed
federal
tax
credits
for
clean
energy
in
August
of
2022,
45
announced
projects
have
been
closed,
downsized
or
canceled.
More
than
$16
billion
in
investments
and
20,000
jobs
were
associated
with
the
abandoned
projects.
“Clean
power
is
shovel-ready
at
scale,”
said
Jason
Grumet,
CEO
of
the
American
Clean
Power
Association,
as
Inside
Climate
News
reported.
“With
unprecedented
demand
growth
for
electricity,
we
must
send
consistent
investment
signals
across
the
energy
sector.
The
greatest
threat
to
a
reliable
energy
system
is
an
unreliable
political
system.”
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