A better idea - stop manipulating the free market in general.
The writer is lazy. He digs around in the bottom of his desk drawer and finds this topic
He certainly knows that it is more likely that PBS will be defunded before the energy tax credit grail
This is Keynesian economics combined with fascism at its worst ... building sh!t regardless of whether or not it even works in the long run.
Yep, scrap the subsidies, Under current law they begin a slow years long PHASEOUT under current law. We should accelerate that phaseout or, as a minimum, at least continue to phaseout as provided under current law.
Below is a link with some extracted language explaining the phaseout..
“The ITC is a federal tax subsidy that, in its current capacity, gives solar system owners a 30% return on a solar project’s total tax liability in any market segment. In 2020 the ITC is slated to drop to 26%, 22% in 2021 and in 2022 it will decrease to a 10% subsidy for commercial and utility markets, and zero for residential, indefinitely.”
This is a PERFECT program to be done at the state level. If the states want to do it, let them, as it’s not too expensive and states like Alaska and the western part of Washington get virtually NOTHING from solar power. If they want to be idiots...let them, but don’t punish honest people in Kansas because of it.
I’d love to see the subsidy dropped...it would save the farmland in MA that is being gobbled up by this plague.
Scrap every tax credit. They are artificial wealth generation.
Rich farmlands were sacrificed and the farmer has an income for life and beyond and doesn't have to do a damn thing.
Bottom line....The Town loses.