Clean Energy Investments Threatened with $700 Billion Loss by 2035

(Arabic) – President Donald Trump’s policies supporting fossil fuels will result in $700 billion in lost clean energy investments over the next decade and will double the carbon footprint of the energy sector. A report f
Translated by Qiyas from الراي — Original source
(Arabic) – President Donald Trump’s policies supporting fossil fuels will result in $700 billion in lost clean energy investments over the next decade and will double the carbon footprint of the energy sector.
A report from the non-profit Natural Resources Defense Council outlined the cumulative impact of Trump’s actions. During his campaign, Trump pledged to cut utility bills in half within 18 months of taking office; however, according to data from the U.S. Energy Information Administration, bills have risen by 16 percent as of May 2026.
These measures include the passage of the “One Big, Beautiful Bill Act” in July 2025, which eliminated tax credits for clean energy, and a global tariff war that strained supply chains and increased the cost of electricity generation technologies overall.
Trump’s actions also focused on supporting the fossil fuel sector, including forcing utilities to keep old, expensive fossil fuel plants operational beyond their useful life, restarting coal plants or building new ones, while delaying federal permits for wind energy development.
The report concluded that Trump’s policies would lead to a total loss of $700 billion in investments from now until 2035, and a loss of between 390 and 540 gigawatts of new wind, solar, and energy storage capacity. For comparison, India’s total installed capacity is currently around 520 gigawatts.
By 2035, American consumers will spend up to an additional $30 billion annually on electricity, with household bills rising by as much as 25 percent in some parts of the country.
Amanda Levin, Director of Policy Analysis at the Natural Resources Defense Council, stated: “From day one of Trump’s term, the administration has waged war on clean energy, destroying new investments while providing financial support and pollution exemptions to owners of old, dirty coal plants. Utility bills are rising, projects are being canceled, jobs are being lost due to these measures, and pollution is increasing, threatening the health of our families and the climate.”
Titled “Trump’s Cost Crisis,” the report used an energy model to compare the impact of Trump’s policies on the electricity sector against the policies that were in place before he took office. These prior policies included eliminating power plant emission standards, imposing fees, and ending tax credits for wind and solar energy, as well as delaying and canceling permits. Both scenarios assumed rapid growth in electricity demand driven by data centers.
The report concluded that carbon dioxide emissions from the energy sector could double by 2035, reaching more than one billion metric tons compared to just over 500 million metric tons in the alternative scenario.
It also found that increased air pollution resulting from operating old coal and gas plants for longer periods would lead to up to 69,000 additional premature deaths, and 85,000 additional emergency room visits and hospitalizations over the next decade.