So, it happened. President-elect Donald Trump. The ramifications are yet to be seen, but based on more than one-dozen conversations since the election with prospective solar investors (residential and commercial property owners), a valid concern has been floated: What will happen to the 30% federal solar (renewable energy) tax credit?
First, what we know: Mr. Trump has bemoaned climate change as a “hoax.” He has committed to revitalizing the coal industry and boosting national development of non-clean (read: natural gas and oil) energy sources. And, he has — for selfish reasons, given his on-the-coast golf course in the UK — denounced wind farms. Furthermore, he has floated climate science denier Myron Ebell as a potential director of the Environmental Protection Agency. Clean air, clean water, viable species, and solar tax credits be damned.
But, in my conversations with concerned folk, I’m trying to apply logic and common sense. First, the solar industry has created more jobs in the US over the past five years than any other industry, and it’s the fastest growing sector in the economy -- more than 200,000 patriots are employed in the solar industry. The solar industry is growing 12x faster than the overall economy. Solar creates jobs; republicans like job growth. Second, when property owners opt to invest in and create their own energy, they are exercising their (energy and investment) independence. Who’s to argue with an individual’s right to create their own energy? Decentralization of energy — creation, distribution, investment — is something both sides of the aisle should logically agree with. (Fact: 85% of Americans and 84% of republicans support solar.)
My fear: Uneducated idealism will trump logic, facts, statistics and applied common sense. The reality that the fossil fuels industry receives more than 10x the incentives (tax credits included) of renewable energy will be cast aside by powerful coal and gas industries.
My hope: Renewable energy (and solar in particular) is a roaring bonfire in our country that ideologues and industrialists can’t stop. Our economy and our environment benefit every time a property owner opts to invest in clean energy. It’s their choice, and it makes sense; if it did not, they would not do it.
The reality: Those of us who believe in and champion clean energy investment cannot simply apply logic and common sense. We will need to fight, use facts, and trumpet the job-percolating, economic-resonating virtues of our profession and passion. Solar is now and it is happening … we cannot allow the momentum to become no-mentum.