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The Economic Cost of Trump’s Clean Energy Rollbacks Has Been Enormous—and It’s Still Growing

7 0
22.07.2026

The Economic Cost of Trump’s Clean Energy Rollbacks Has Been Enormous—and It’s Still Growing

More than 200 major clean energy projects have been canceled or downsized since Trump took office again, costing nearly half a million jobs and $55 billion in annual GDP growth.

Photo: Jakub Porzycki/NurPhoto/Getty Images, stasknop/Adobe Stock

It’s been a little more than a year since the One Big Beautiful Bill Act began dismantling federal clean energy incentives—just one part of the Trump administration’s broader attacks on renewables, from freezing funds and canceling permits to paying developers to cancel plans for offshore wind farms. A new report tallies what the policy shift has cost the economy.

More than 200 major clean energy projects were canceled, closed, or downsized between the beginning of 2025 and May 2026, according to a report from E2, a nonprofit that tracks the clean energy economy, and the research and consulting firm BW........

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