25 Dec '11, 4pm

Why Solar Policy Matters

Why Solar Policy Matters

We recently came across some analysis of future energy trends depicted in the International Energy Outlook 2011 published by the U.S. Energy Information Administration (hat-tip to the folks at Climate Denial Crock of the Week ). What struck us was how a simple change in U.S. tax policy will have a potentially devastating impact on the solar industry in this country. Here is a graph that we have derived from the IEO data which shows the projected growth in installed solar generating capacity based on existing government policies for the US, Europe, Japan and China. (IEO’s total predicted solar capacity worldwide by 2035 is 119 GW.) The first thing we noticed is that the US – the blue line in the graph – takes off in 2008, stays ahead of both Japan and China until 2017 when China shoots past us, and stays largely flat thereafter. Flat, as in dead, moribund, kaput! Meanwhile,...

Full article: http://www.solarfeeds.com/why-solar-policy-matters/

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