Advertisement
The View
The case for solar energy in the US: it’s the economy, stupid
- Biden’s Build Back Better plan, which includes a tax credit for solar installation, must pass into law
- Regardless of one’s politics, it should be clear that solar energy will lay the groundwork for a new energy economy and buffer the US against supply chain shocks
3-MIN READ3-MIN
4
David Gomez is the CEO and founder of Clean Energy Solutions, one of the fastest-growing solar energy providers in California and Texas.
As a solar energy expert, I’m sick of talking about climate change. Against the backdrop of skyrocketing fuel costs, the economic case alone for solar energy is crystal clear. In a single hour, the sun provides the Earth with more energy than we could use in a year. However, it currently accounts for only 2.3 per cent of America’s energy grid.
Solar power infrastructure will continue getting cheaper as fossil fuels become prohibitively expensive. Whether fossil fuels come from dinosaurs or not, today they are certainly being consumed by dinosaurs.
In order for the United States to reap the economic benefits of solar energy, President Joe Biden’s Build Back Better proposal, which includes a 30 per cent tax credit for solar installation, must pass through Congress.
The economic law of supply and demand doesn’t care about political ideology. As any high-school student will tell you, the more scarce a resource becomes, the more expensive it gets.
Select Voice
Select Speed
1x
AI-generated voice