US Clean-Energy Project Cancellations Hit GOP Districts Hardest
Off-shore wind farm construction.
Photographer: Ian Forsyth/Getty ImagesTakeaways by Bloomberg AI
Clean energy investments in the US are shrinking fast amid the rollback of tax incentives and policy uncertainties under President Donald Trump’s administration, with Republican districts hardest hit.
Businesses canceled or delayed more than $1.4 billion in new factories and clean energy projects last month, bringing the total since January to $15.5 billion, according to an analysis by E2, a non-partisan group that advocates for renewables and policies to protect the environment. The canceled projects across battery, electric vehicles and solar, were expected to create nearly 12,000 new jobs.