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Trump Policies Cost $35B in Clean Energy Investments

2/6/2026

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Summary

Story summary

According to the clean energy think tank E2, $35 billion in projects were abandoned last year.
The slowdown followed policies of U.S. President Donald Trump, including the "One Big Beautiful Act," which ended tax credits for renewable energy and electric vehicles.
As a result, electric vehicle and battery manufacturing sectors lost around $21 billion in investment and 48,000 potential jobs.
States Michigan, Illinois, Georgia, and New York faced substantial losses in clean energy investments.

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Story summary

According to the clean energy think tank E2, $35 billion in projects were abandoned last year.
The slowdown followed policies of U.S. President Donald Trump, including the "One Big Beautiful Act," which ended tax credits for renewable energy and electric vehicles.
As a result, electric vehicle and battery manufacturing sectors lost around $21 billion in investment and 48,000 potential jobs.
States Michigan, Illinois, Georgia, and New York faced substantial losses in clean energy investments.