David Iaconangelo of E&E News writes about the barriers that the solar industry faces.
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- Once signed, the Inflation Reduction Act will lead to more investments in clean energy, but barriers that stall solar power development will still remain.
- Protectionist policies such as tariffs and inefficient permitting regulations delay project completion times and increase costs for consumers.
- Rather than achieving a clean energy future with spending only, federal lawmakers should reducing regulations that stifle private sector innovation.
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“Still, the legislation’s many boosts to solar might not overcome other counterweights, such as ongoing supply shortages, allegations of forced labor, uncertainty about a federal probe on tariffs and lengthening queues for solar farms to get on the electric grid, according to observers.”
Read the full article here.
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