Why Solar and Wind Power Can Thrive Without Subsidies
By Jinjoo Lee, The Wallstreet Journal.
Excerpt: The government delivered a shock to the renewable energy industry when it took away subsidies for solar and wind as part of the One Big Beautiful Bill Act. It’s a shock the industry can actually absorb—and maybe even benefit from in the long term. The two main tax credits used by the wind and solar industries have been in place since 1992 and 2005, respectively. ...But the latest tax-and-spending law cuts these tax credits short. ...Yet this doesn’t portend doom and gloom for the industry. And that could mean investors might currently have an attractive entry point to the industry....
Full article at https://www.wsj.com/business/energy-oil/why-solar-and-wind-power-can-thrive-without-subsidies-cee47663.
See also
Inside Climate News article, Despite Everything, US Solar Manufacturing Continues to Power Up
Fortune article, Trump’s crusade to cripple clean energy has found its match: the free market and global finance
Inside Climate News article, Despite Everything, US Solar Manufacturing Continues to Power Up
Fortune article, Trump’s crusade to cripple clean energy has found its match: the free market and global finance