Renewable energy projects stall when federal tax credits expire because unlike fossil fuels, they lack permanent support. Solar, wind, and batteries lose their competitive edge until Congress acts. Still, renewables added 85% of new U.S. power capacity in the past five years, mostly for economic reasons.
All forms of energy generation, except for renewables, have permanent tax credits.
But
renewable energy has never been made permanent. And so when it lapses, the whole industry shuts down until Congress pulls their head out of the sand and renews it again so that we can compete on a level playing field with coal, gas and nuclear and everything else. So there's been. Yeah, there's definitely been moments. Whether it's tariffs or Congress or political issues, there have been challenges. But as we said earlier, even despite that, the last five years, 85% of all power plants are solar, wind and batteries. Why? Economics.
