A Trump Win Risks $369 Billion in Green Incentives, Report Says

June 18, 2024, 11:05 AM UTC

A November election win for Donald Trump will threaten $369 billion in US clean energy initiatives from the Biden administration’s landmark climate law, according to Bloomberg Intelligence.

The amount represents most of the $433 billion in grants, loans and tax incentives the Inflation Reduction Act would inject into health care, utilities and clean energy industries that would be at risk from a Trump victory, BI said Tuesday in a report.

“A Trump victory could threaten IRA-driven growth, especially for the green energy sector,” BI said in its analysis of the IRA’s future after the US election. “Though a full repeal ...

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