Republicans’ changes to clean energy tax credits in their sprawling tax and spending law could ensnare more than $500 billion in pending energy investments, according to a new analysis released Thursday by the Clean Investment Monitor.
The analysis, produced by the joint project between the Rhodium Group and Massachusetts Institute of Technology’s Center for Energy and Environmental Policy Research, identified $517 billion in outstanding investments that had not yet been deployed for the construction and installation of 2,203 proposed facilities.
More than three-quarters of those projects that have not yet come online were announced after the enactment of Democrats’ climate law, the Inflation Reduction Act, according to the analysis.
The report examined clean investment activity during the second quarter of this year — when Republicans were debating and honing their One Big Beautiful Bill Act, H.R. 1 (119).
