The Trump administration has halted nearly $19 billion worth of renewable energy projects, including offshore wind initiatives, contributing to rising electricity costs across the United States. This policy shift involves blocking approvals for wind and solar projects, which critics argue will exacerbate an energy crisis by limiting supply and driving up prices for American families. The move has also negatively impacted renewable energy stocks such as Enphase Energy, Sunrun, SolarEdge, First Solar, JinkoSolar, and Canadian Solar. Lawmakers and industry observers have described the administration's approach as an aggressive stance against the wind and solar sectors, with concerns that these cancellations undermine efforts to reduce energy costs through increased supply.