President Trump’s signing of the One Big Beautiful Bill Act (OBBBA) on July 4, 2025, rolled back major federal clean energy programs. A year later, BW Research produced an economic impact analysis for E2 detailing the effects of 216 cancelled, closed, or downsized clean energy projects from January 1, 2025 through May 2026.
The analysis shows that the cancellation of large-scale clean energy manufacturing and generation projects have cost the future United States economy:
- $31 billion in lost annual wages for permanent workers
- 468,000 jobs, including more than 343,000 permanent jobs and 125,000 construction jobs
- $55 billion in lost GDP growth annually from cancelled manufacturing plants and other operations, in addition to $91 billion lost from cancelled construction work.
- $12 billion foregone in annual tax revenue for federal, state, and local governments, in addition to nearly $20 billion in lost tax revenues just from construction activities.
Download the full report or visit https://e2.org/reports/cancellation-impact-report-2026/ to read more.
