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President Donald Trump's One Big Beautiful Bill Act cost the clean energy, manufacturing and industrial sector $82.8 billion through cancellations and delays in the U.S.

In a report titled "Bait and Switch" by the BlueGreen Alliance, a Minneapolis-based non-profit, on Tuesday, the organization said that Trump's policies caused delays or cancellations of 223 manufacturing, clean energy and industrial projects, as well as 111,765 jobs.

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The report also points to 3,034 manufacturing, clean energy, and industrial sites facing tax restrictions, which risks $695.2 billion worth of capital investment and 1,184,996 jobs.

The study points to Trump's rollback of policies outlined in the Inflation Reduction Act by former President Joe Biden, as well as the Bipartisan Infrastructure Law aimed at improving infrastructure via EV charging points, zero-emission public transport, airports and more.

"At the heart of the GOP legislation is an aggressive rollback of clean energy tax credits and investments," the report said, depicting Trump's rollback of initiatives like the $7,500 EV Credit, as well as solar and clean energy credits, which were "particularly damaging," the report said.

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The non-profit also slammed the Trump administration's reversal of offshore wind energy projects, which had "the potential to create thousands of good new union jobs, gigawatts of affordable energy for the national grid, and economic revitalization for vulnerable communities," the report said.

Notably, the Trump administration is facing lawsuits from states like California, as well as New York and others over offshore wind energy leases.

The Ultium Cell project, undertaken by General Motors Co. and South Korea's LG Energy Solution, was also rolled back and resulted in several job losses amid a wider rollback of EV efforts, while also pointing out the U.S. Occupational Safety and Health Administration (OSHA) rollback effects.

Photo courtesy: Shutterstock

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