NEW ANALYSIS: Over 50,000 Clean Energy Jobs Lost or Stalled Under Trump

Washington, D.C. – Today, new analysis from Climate Power shows that since Trump’s election, 50,265 clean energy jobs have been lost, delayed, or threatened as a result of Trump’s disastrous energy agenda. The clean energy investments that have been canceled or stalled since Trump’s election represent $56.3 billion in new investment across the country.

This new data comes as House Republicans consider gutting the Inflation Reduction Act’s clean energy tax credits, which spurred a clean energy and manufacturing boom since August 2022, creating over 400,000 jobs across the country. In 2023, 3.4 million Americans were able to lower their energy costs by accessing these tax credits – a savings of $8.4 billion in one year alone.

Climate Power’s analysis also shows that in addition to job losses, Trump’s energy agenda and Republicans’ threats to clean energy tax credits have led utility costs to surge nationwide. Since Trump was re-elected, utility companies in 16 states have hiked rates as much as $32.40 per month. Experts project that if Republicans move forward with repealing clean energy provisions, energy bills will increase by $32 billion from 2025-2035, which would cost the average family more than $100 per year in many states.

“The Trump-Musk war on clean energy is already slashing good-paying jobs and raising costs for American workers and ratepayers,” said Climate Power communications director Alex Glass. “If Republicans end tax credits for millions of American families and businesses, they will send energy costs through the roof. Far from unleashing the potential of American energy, Trump and Republicans in Congress want to limit energy choices and stifle American manufacturing ingenuity. The true cost of Trump’s backward energy agenda is raising prices for American families and sending jobs overseas to China.”

According to the analysis, the job losses and delays are in industries such as solar, hydrogen, critical minerals, clean power generation, battery manufacturing and more. Visit this link to view the full analysis.