Chart: Trump cratered the clean-energy manufacturing boom

Following the Inflation Reduction Act, there was a surge in cleantech manufacturing investments in the U.S., reaching over $100 billion. However, in 2025, under the Trump administration, investments dropped to $41.9 billion, with many companies canceling prior commitments. This reversal is attributed to strict stipulations on factory incentives, repeal of tax credits, and hostility towards clean energy projects. The trend may continue as businesses are making fewer new plans to invest in cleantech factories.