Hundreds of Jobs in North Carolina Already Lost or Threatened Under Trump, With Over 17,000 More At Risk
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Raleigh, N.C. — In just 100 days in office, President Trump’s tariffs, executive orders, and all-out assault on clean energy have put North Carolina’s clean energy boom at risk. Since the passage of the Inflation Reduction Act in 2022, North Carolina has seen 17,515 new clean energy jobs and $20 billion in new clean energy investment. Now, those jobs and investments are under threat.
New data released today from Climate Power shows that 95 clean energy projects have already been threatened, delayed, or canceled nationally since Trump took office, representing $71.24 billion in investment and 62,554 jobs. In North Carolina, $275 million in investment and 200 jobs have already been cancelled or threatened since Trump’s election. Repealing the clean energy tax credits will lead to even more lost jobs, more project closures, and higher energy costs for North Carolinians.
“Trump’s war on clean energy and his chaotic policies have already caused a hemorrhaging of manufacturing jobs in sectors that had been booming for two years,” said Lori Lodes, Executive Director of Climate Power. “Repealing clean energy investments would jeopardize hundreds of thousands of good-paying jobs on its own. On top of this crisis of uncertainty, repeal would devastate American manufacturing — halting construction, sending jobs overseas, hiking energy costs, and forfeiting the future to China and our other competitors.”
In addition to creating new jobs, clean energy saves North Carolinians money: expanding clean energy will reduce U.S. electricity prices by between 20 and 80% by 2040. Trump’s proposed tariffs, on the other hand, will cost North Carolinians money: studies show that households will suffer a loss of $3,800 on average, while utility companies will likely raise rates for customers.
Prior to Trump’s election, the United States was experiencing the largest boom in factory construction investment in American history, spurred in large part by the clean energy tax credits. However, since the beginning of the Trump Administration, that growth has begun to reverse. If the Trump Administration succeeds in repealing the clean energy tax credits, it would be a disaster for American energy independence.
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