Getting the tax credit back up to 30% instead of 26% and trending downwards for individuals on solar and geothermal has been fantastic for me. That’s in the infrastructure act - The Inflation Reduction Act.
Actual dollar incentives in my pocket in order to dramatically increase my personal energy efficiency while reducing my fossil fuel consumption. All while in no way directly negatively penalizing fossil fuel consumption.
That’s pretty sweet.
Did the Trump administration sign any legislation to do anything in particular to incentivize renewable energy at the individual level?
How did the current administration “cutback” in oil? You’re speaking of a for-profit industry that is famously the most boom and bust of commodities, no?
It’s appropriate to flock to the future. I expect our government to be forward looking and invest in the future.
I would be disappointed to see the American government prop up the hydrocarbon industry and its move to single-use plastic production rather than incentivize the growth of renewable energy.
Is the current level of US government fossil fuel subsidies of $10-$50 billion per year too little?