L R AS Published on Tuesday 8 March 2022 - n° 396 - Categories:US policy, the American PV
President J. Biden speaks to Americans' wallets
The President of the United States has just insisted on investing more in renewable energies and introducing tax incentives to speed up the deployment of solar power. He said that measures to combat climate change would reduce
energy costs for the average American household by $500 a year.
"Let's provide investments and tax credits to make your homes and businesses more energy efficient, and you get a tax credit.Let's double America's clean energy production in solar, wind and more," Biden said in his keynote speech. Biden said in his speech a few days ago.
https://www.pv-tech.org/biden-calls-for-tax-incentives-to-accelerate-solar-deployment/
PV Tech of 2 March 2022
Editor's note: If you talk to the wallet, the audience listens carefully. That's what Joe Biden did. The only thing is that introducing tax incentives will increase orders for panels, but it won't make them affordable to install. The soaring price of panels can only get worse, since there are no new producers other than those in China, who are already working at full capacity and lack the basic material, silicon.