New report flags Trump energy policy as a $68B hit to private investment and 470k jobs
A new E2/BW Research analysis finds Trump-era clean-energy rollbacks have cost the US about 470,000 jobs and $68.2 billion in private investment, with 216 large projects canceled or downsized since January 2025. The losses would have generated over $90 billion in construction GDP and $55 billion in annual GDP once online, plus $48.4 billion in ongoing spending and $53 billion in construction wages and $31 billion in ongoing wages. Tax revenue losses could reach nearly $20 billion during construction and around $12 billion annually thereafter. The biggest hits are in battery storage, solar, and EV manufacturing, signaling a broad economic cost from shifting policy away from clean energy.
