Posted 3/1/2024, 8:00:01 AM
Texas Stands to Lose Billions in Clean Energy Investment and Hundreds of Thousands of Jobs if IRA Repealed
- Texas stands to lose $131 billion in IRA investments by 2030 if Trump repeals the act, the most of any state
- Repeal could shift clean energy manufacturing back to China, costing U.S. jobs
- Loss of IRA tax credits could slow Texas' emerging clean hydrogen industry
- Repeal may keep oil/gas prices higher by limiting grid connectivity
- Hundreds of thousands of manufacturing jobs tied to IRA-funded infrastructure could be lost
