solar installations declined 31% in 2024
Trump wasn’t in office. Those bullet points will make things even worse, but other factors preceded Trump.
Comment on U.S. residential solar on the brink of collapse
BananaTrifleViolin@lemmy.world 6 days ago
So to summarise the challenges the industry is facing:
- Tariffs on Aluminium - Trump
- Tariffs on Solar imports - Trump
- Sudden loss of federal grants that covered 30% of the cost for installation (was due to run til 2030 now slashed) - Trump
- Slashing of the fees owners get for selling money to the grid by 75% - Oil industry lobbying / Trump
To call this “macro economic” issues is bizarre. All of this is due to government policy and actions. It’s also notable that the rest of the world’s solar industry is not collapsing. Trump.and the republicans are selling out US consumers to prop up the oil industry and tax cuts for the rich.
shalafi@lemmy.world 5 days ago
Squizzy@lemmy.world 5 days ago
Like a previous Trump adminstration?
I dont know the story here but he definitely was here before 2024 with bug spastic energy.
shalafi@lemmy.world 5 days ago
In 2022, the Biden Administration passed the Inflation Reduction Act, extending a tax credit that covers 30% of installed system costs through the mid-2030s.
And yet the installations crashed 2-years later. We can see how jacked up it is going forward, but why does the article not address past causes?
Squizzy@lemmy.world 5 days ago
Its not bizzare if you take the view that America is a shit hole with spineless media, propping up shameless leaders put their by a borderline retarded electorate.