WASHINGTON (Realist English). The United States has seen over $14 billion in clean energy investments cancelled or frozen in 2025 alone, according to a new report by environmental group E2 and consultancy Atlas Public Policy. The pullback comes amid growing investor anxiety over President Donald Trump’s proposed energy legislation, which aims to dismantle much of the climate agenda enacted under Joe Biden.
The abandoned projects span battery plants, electric vehicles, solar, and wind infrastructure, with at least $4.5 billion in losses recorded in April alone. The groups estimate that since January, the shift has eliminated over 10,000 potential jobs.
E2’s analysis warns that the repeal of core incentives within the Inflation Reduction Act (IRA) — passed in 2022 to mobilize clean energy development — is already reshaping investment flows. Once credited with triggering $132 billion in green investment, the IRA is now being targeted by Republican lawmakers for rollback.
“Trump’s agenda is a shock to the system,” said Bob Keefe, executive director of E2. “Companies are pausing expansions, shelving projects, and redirecting capital to Europe and Asia.”
Key projects already scrapped include Kore Power’s battery facility in Arizona, two BorgWarner plants in Michigan, and planned Bosch investments in South Carolina. Ironically, Republican-led states such as Georgia and Tennessee, which had banked heavily on the EV and battery boom, now stand to suffer the most from the policy U-turn.
Despite the retreat, a few projects did proceed in April — including $500 million in new investments by Hitachi in Virginia and Corning in Michigan — but analysts say these remain vulnerable to further legislative reversals.
Trump’s return to fossil-fuel priorities and the systematic rollback of green subsidies may offer short-term cost relief for certain industries. But this strategy risks undermining America’s global position in the 21st-century energy race. With Europe and China doubling down on cleantech, the U.S. could find itself not only off pace — but off the map.
