You are currently viewing Clean Energy Was Lifting Manufacturing. Now Investment Is in Jeopardy.

With the Trump administration reversing support for low-carbon power, the business case for making wind, solar and electric vehicle parts gets weaker.

American manufacturing has been in the doldrums for years, battered by high borrowing costs and a strong dollar, which makes exports less competitive. But there has been a bright spot: billions of dollars flowing into factory construction, signifying that a potential rebound in production and employment is around the corner.

The flood of investment has been driven by two major categories of subsidies provided under the Biden administration. One offered incentives for the construction of several enormous semiconductor plants set to begin operation in the coming years. The other supercharged the production of equipment needed for renewable energy deployment.

This second category is in jeopardy as the Trump administration and the Republican-led Congress seek to roll back support for low-carbon energy, including battery-powered vehicles, wind power and solar fields.

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Keep reading this article on The New York Times Energy & Environment.

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