Michigan loses funding in climate-related investments, green manufacturing projects

Atthistimein2024,Michiganwasexpectingawindfalloffederalfundstofuelatransitiontocleanenergy,alongwithbillionsofdollars’worthofgreenmanufacturingprojectssubsidizedbytheBidenadministration’ssignatureclimatespendingbills. ButsincePresidentDonaldTrumpbeganhissecondterminJanuaryandbeganscrappingfederalclimateprogramshereferstocollectivelyas“thegreennewscam,”Michiganhasseenawaveofprojectandgrantcancellations,alongwithrenewedinvestmentinfossilfuel-basedmanufacturingandpowergeneration. Roughly$540millioninclimate-relatedgrantstoMichiganhavebeencanceledorheldupsinceInaugurationDay,accordingtoanationaldatabasecompiledbyAtlasPublicPolicy,whileshiftingmarketforcesandtheendoffederaltaxcreditsforelectricvehicleshavecausedcleanmanufacturinginvestmentsinMichigantowhipsawfrombillionsannuallyinrecentyearsto$3billionincanceledinvestmentsthisyear. “Itcertainlymirrorswhatwe’reseeingnationall