This year $ 14 billion has been canceled in clean power projects in America, analysis says world news

According to an analysis released on Thursday, clean energy investment in the US has been canceled or delayed by more than $ 14 billion, as the pending megabil of President Donald Trump has feared the future of domestic batteries, electric vehicles and solar and wind power development. Many companies are worried that the investment will be in danger amid the passage of the House Republican tax bill, which will find a clean energy credit, Nonspartison Group E2 said in its analysis of the projects that IT and consultation tracked the IT and consultation by the Atlas Public Policy. Group estimates that the loss has also been 10,000 new clean energy jobs since January. The tax credit in the landmark climate bill passed under the former President who Biden in 2022 is important for promoting the key of renewable technologies for clean energy infection. The E2 estimates that the $ 132 billion schemes have been announced since the so -called inflation reduction act has been passed, not counting to cancel. The last week’s house bill effectively robs several incentives of the law. The advocacy groups reduced the potential impact that could occur on the industry after the multitilian-dollar tax brake package is passed. E2 Executive Director Bob Keefe said, “The house plan said to remove clean energy and return to the country run by coal and gas gazelers, to cancel the plans, delay their plans and take their money and jobs in other countries,” said E2 Executive Director Bob Cafe. The Senate is now reviewing the bill with a time limit of July 4 to visit the President’s desk. Some of the most recent cancellations have been canceled, including a blank power battery factory to close the blank power battery factory in Arizona and two EV manufacturing sites in Michigan. Bosch suspended an investment of $ 200 million into a hydrogen fuel cell factory in South Carolina, cited in a statement to the Associated Press, citing market changes in the last one year. Tariffs, inflation pressure, newborn company conflicts and low -adopting rates for some technologies can also be due to changing plans of these companies. For example, battery storage and electric vehicle areas have seen the most impact in 2025, especially a difficulty over the last few years. Many projects inspired by IRA were also canceled before 2025. Among the canceled projects this year, most, worth more than $ 12 billion, came to the Republican -led states and Congress districts, analysis. Experts say that red districts have benefited more than clean energy development and the influx of jobs. Georgia and Tennessee are particularly at risk as they are highly invested in EV and battery production, an energy policy professor at the Georgia Institute of Technology, Professor Merlin Brown said that the analysis was not involved. An engineering professor at Cornell University, Fengki U said, “If these tax credits are suddenly removed, I am not sure how these ongoing projects are going to continue,” said Fengki U, an engineering professor at Cornell University. A handful of Republican MPs have urged the continuity of energy tax credit, in the letter of some April, the Leader of the Senate’s majority John Theun, R-SD states that a disarray can disrupt American people and weaken the county position as a global energy leader. The US and the Global Forum Trump Administration has sought to abolish the policy related to the environment and climate of the biden – which it calls Democrats’s “Green New Scam” – re -withdrawing from the Paris Climate Agreement, withdrawing countless landmark pollution rules and environmental initiatives, scientifically supporting full -fledged action. Dominance “agenda. Meanwhile, other countries are moving forward with green investment. The European Parliament is committed to the European Union Carbon Border adjustment mechanism, a policy means to prevent “carbon leakage”, or companies producing in countries where climate policies are less strict. And the international maritime organization is moving towards a global carbon tax on shipping. In the indication that all hope for the future of renewable goods in the US is not lost, about $ 500 million seen in new development alone, the energy wing of Japanese manufacturing company Hitachi was constructed in Virginia transmission and electrification operations in Virginia and invested in solar manufacturing materials and technology company. According to E2 Tally, the development of $ 4.5 billion was still canceled or delayed last month.