Thanks to the One Big Beautiful Bill Act, which rolled back tax credits and programs related to clean energy manufacturing and renewable energy, the U.S. is set to lose nearly 470,000 jobs.
The information comes from economic analysis on large-scale clean energy projects abandoned since the beginning of 2025 from E2, a national, nonpartisan group of business leaders, investors and professionals who advocate for policies good for the economy and environment.
Projects that were closed, cancelled or downsized would have generated over $90 billion in the U.S. GDP growth during construction. When operational, the projects would have generated $55 billion each year.
“The numbers tell the story. Making it harder to build clean energy projects means lost jobs, lost investments, lost electricity supplies and lost local tax revenues,” said E2 Executive Director Bob Keefe in a statement. “Add it all up and it’s clear that federal actions to stop clean energy are costing all of us — consumers, businesses and our national economy — big time.”
Battery storage projects account for the largest share of lost construction-phase jobs, with more than 42,000 jobs. Solar projects account for nearly 33,000 lost construction jobs, and electric vehicle projects account for nearly 28,000.
