More than $14 billion in green energy projects have been delayed or canceled so far in 2025 as the Trump administration and its allies move to roll back former President Joe Biden’s sprawling climate agenda, according to new analysis released Thursday.
Congressional Republicans are looking to restrict Inflation Reduction Act (IRA) subsidies for green projects while the Trump administration slashes big-budget climate grants, leading companies that once had big ambitions to postpone or cancel their green energy developments outright.
Although many investments spurred by the IRA were canceled before 2025, $14 billion worth of projects have been canceled or delayed so far this year, with $4.5 billion nixed or pushed back in April alone, according to an analysis on projects tracked by the nonpartisan group E2 in partnership with the Clean Economy Tracker.
