WASHINGTON – In his address to Congress tonight, President Trump is expected to speak about America’s economy, U.S. global competitiveness, and the need to meet America’s energy needs.
The following is a statement from Bob Keefe, executive director of the national nonpartisan business group E2 and author of the 2024 book about federal energy policy, Clean Economy NOW. Resources for national and local data about clean energy, electricity prices, and the impacts on the U.S. economy are also below.
“President Trump says America needs more Made-in-America energy and that we need to bring back manufacturing to the USA. We agree.
“The good news is that’s happening now, with hundreds of factories planned or underway to build American-made solar panels, batteries and electric vehicles. Meanwhile, solar, wind and storage continue to add badly needed electricity to the grid at increasing rates, because it’s the cheapest power available.
“Hopefully, members of Congress agree as well and won’t vote to raise taxes on clean energy and kill the jobs, investments and electricity they’re generating for their constituents and their communities back home.”
More resources to aid in your coverage:
- See E2’s clean energy factory and project tracker here with details on the nearly 375 major projects now planned across almost every state, including leaders Michigan, Georgia, South Carolina, North Carolina, Texas and Tennessee.
- See E2’s latest monthly Clean Economy Works report showing how clean energy project investments fell to their lowest level in January amid growing market uncertainty from Congress and the White House.
- See E2’s latest annual Clean Jobs America analysis and interactive map breaking down America’s 3.5 million clean energy jobs to the state and county levels—jobs that could be impacted by tax increases on clean energy companies and plans by the White House to stifle growth in wind, electric vehicles and other clean energy industries.
- See Clean Energy Buyers Association’s (CEBA) new report showing how repealing clean energy tax credits would increase average annual residential electricity bills by at least 7 percent ($110 per year) and raise business electricity bills by 10 percent.
- See E2’s economic impact analysis of 334 large-scale clean energy factory and projects announced by companies between August 2022 and August 2024, tracked by E2’s Clean Economy Works
For more details, please contact E2 Communications Director Michael Timberlake at [email protected].
###
E2 is a national, nonpartisan group of business leaders, investors, and professionals from every sector of the economy who advocate for smart policies that are good for the economy and good for the environment. Our members have founded or funded more than 2,500 companies, created more than 600,000 jobs, and managed more than $100 billion in venture and private equity capital. For more information, see www.e2.org or follow us on X/Twitter at @e2org and Bluesky at @e2org.bsky.social.