7,700 New Jersey Clean Energy Jobs Already Lost or Threatened under Trump

New Jersey — In just 100 days in office, President Trump’s tariffs, executive orders, and all-out assault on clean energy have put New Jersey’s clean energy boom at risk. 

New data released today from Climate Power shows that 95 clean energy projects have been threatened, delayed, or canceled nationally since Trump took office, representing $71.24 billion in investment and 62,554 jobs. 

In New Jersey, 7,700  jobs have already been cut or threatened under Trump’s war on clean energy, totaling $2.69 billion in clean energy investments. 7,500 of the jobs under threat fall under theLeading Light Wind offshore wind project, which is currently facing delays due to volatilityin “the offshore wind equipment market.”

“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.”

Repealing the clean energy tax credits will lead to more job losses, project closures, and higher energy costs for New Jerseyans. In addition to creating new jobs, clean energy saves New Jerseyans money: the transition to 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 New Jerseyans 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 and could lead to more lost jobs and more canceled projects in New Jersey. 

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