US green energy firms brace for federal funding cuts
Published: 5/29/2025

US green energy firms are bracing for potential federal funding cuts as the Republican-led Congress considers changes to clean energy tax credits, including those for clean hydrogen production. President Trump's administration has been unwelcoming to green energy initiatives, impacting projects reliant on federal support. The uncertainty surrounding budget bills and policy changes is causing concern for the future of green energy investments and projects in the US, leading to a decline in clean energy investments and cancellations of manufacturing projects in the sector.