9 months ago
US CEOs Fear Trump's Climate Policies, Says Kerry
John Kerry, a former US leader, said many big business leaders in America are scared to invest in green energy.
They are afraid because President Trump doesn't believe in climate change and has been against green energy projects.
Kerry thinks this fear is making businesses change their plans, even though they know green energy is important.
Trump's administration has stopped some green energy projects and cut support, which has made businesses worried.
Even though some companies are still investing in green energy, the overall trend is slowing down because of Trump's policies.
Former US Secretary of State John Kerry stated that US CEOs are retreating from green energy investments due to fear of political and legal repercussions under President Donald Trump's administration.
Trump has denied climate change and described it as a 'greatest con job ever perpetrated'.
Under the Biden administration, the Inflation Reduction Act of 2022 drove over $115 billion in clean energy investments and created 90,000 jobs.
In 2025, the Trump administration reversed parts of this trajectory by terminating 321 financial awards and accelerating the expiry of tax credits.
The International Energy Agency cut its US wind growth outlook for 2025-30 by nearly 60% and its solar forecast by almost 40%.
- Who
- Former US Secretary of State John Kerry and US President Donald Trump
- What
- US CEOs are retreating from green energy investments due to fear of political and legal repercussions under Trump's administration
- Where
- United States
- When
- The trend was highlighted in 2025
- Why
- Fear of political and legal repercussions under Trump's administration
Key facts
- John Kerry
- Former US Secretary of State
- Donald Trump
- US President
- Climate Change Denial
- Trump's stance on climate change
- Green Energy Investments
- Retreat due to political and legal fears
- Inflation Reduction Act
- Drove $115 billion in clean energy investments under Biden
- US Department of Energy
- Terminated 321 financial awards in 2025
- International Energy Agency
- Cut US wind and solar growth forecasts
- TPG
- Purchased solar developer Altus Power for $2.2 billion
Quotes
John Kerry
Former US Secretary of State
“It is not that they don’t believe [in climate change] or they don’t want to move forward. They are just scared.”
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“The trend is shocking. Powerful business leaders who have been championing climate action and solutions are now concerned that they are under threat.”
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Donald Trump
US President
“Climate change is the greatest con job ever perpetrated.”
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“Apple would face a 25 per cent import tariff if its handsets were made outside the US.”
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Binaifer Nowrojee
President of the Soros-founded Open Society Foundations (OSF)
“This is not about George Soros. This is about the United States slowly losing its democracy bit by bit in ways that we’ve seen elsewhere in the world.”
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