The jobs impact of the legislation is of great concern to Americans. North America’s Building Trades Unions say over 1.75 million construction jobs could be lost.
Labor groups in both the U.S. and Canada are concerned that the bill undermines years of planning and threatens long-term employment in renewable energy sectors. Without incentives, green investments may become more politically and financially difficult within this country.
Climate partners, rather than working with our country, will look to partner elsewhere. In Europe and Asia, governments remain committed to clean energy. As Trump steers the U.S. away from environmental cooperation, friendly nations may be forced to navigate to nations preparing for a clean energy future.
A central provision of Trump’s bill rolls back tax incentives for electric vehicles and home upgrades like solar panels and heat pumps. The move is expected to severely undercut demand, production and jobs.
Analysts are warning that needed gigawatts of planned wind and solar projects could be shelved due to tightened timelines on eligibility. Lost investment opportunities, paused production and a decrease in jobs in the energy sectors are expected.
The Republican strategy of supporting oil, gas, and coal development does not provide jobs of the future and will not allow us to be competitive with China.
