Tax Law Has Led to $82.8 Billion in Delayed or Canceled Projects, BlueGreen Alliance Says
New research shows the One Big Beautiful Bill Act has contributed to the cancellation or delay of 223 manufacturing, clean energy and industrial projects nationwide, jeopardizing at least $82.8 billion in capital investment, according to a note by the BlueGreen Alliance on Tuesday. Research showed that the affected projects include 84 manufacturing projects representing at least $52 billion in investment and 139 clean energy and industrial projects totaling at least $30.8 billion. It would also cost 111,765 jobs. BGA estimates that the canceled or delayed projects could cost 111,765 jobs, including 47,135 manufacturing jobs and 56,959 construction jobs. The group also said over 3,034 manufacturing, clean energy and industrial sites now face stricter tax eligibility requirements under OBBBA, putting an additional $695.2 billion in planned capital investment and nearly 1.2 million jobs at risk. The report was unveiled on Tuesday as labor leaders were scheduled to meet with US senators to discuss the clean energy workforce, Those projects include at least 750 manufacturing sites expected to invest more than $218.8 billion and support about 181,000.
New research shows the One Big Beautiful Bill Act has contributed to the cancellation or delay of 223 manufacturing, clean energy and industrial projects nationwide, jeopardizing at least $82.8 billion in capital investment, according to a note by the BlueGreen Alliance on Tuesday.
Research showed that the affected projects include 84 manufacturing projects representing at least $52 billion in investment and 139 clean energy and industrial projects totaling at least $30.8 billion.
It would also cost 111,765 jobs.
BGA estimates that the canceled or delayed projects could cost 111,765 jobs, including 47,135 manufacturing jobs and 56,959 construction jobs.
The group also said over 3,034 manufacturing, clean energy and industrial sites now face stricter tax eligibility requirements under OBBBA, putting an additional $695.2 billion in planned capital investment and nearly 1.2 million jobs at risk.
The report was unveiled on Tuesday as labor leaders were scheduled to meet with US senators to discuss the clean energy workforce, Those projects include at least 750 manufacturing sites expected to invest more than $218.8 billion and support about 181,000.