When something really good is advertised at half price, my first thought is “this is too good to be true.” After doing the research, if I find the deal is really all it’s cracked up to be, I spread the word to as many people as I can, so they can save too.
That’s why, when my research team discovered how much taxpayers stand to save through small changes to federal wind and solar policies, we quadruple-checked our numbers, asked other experts if what we were seeing was correct, and then made a commitment to let as many people know as possible.
It’s no secret that wind and solar in the United States are booming. Renewable electricity generation more than doubled since 2005. While this growth was financed largely through private investment, state and federal policies played a key role in helping these new, important industries expand.
Policymakers support wind and solar because renewable energy brings many benefits for the American people. But key renewable incentives are expiring just as federal lawmakers are looking for opportunities to reduce the deficit. Policymakers understandably want to balance support for renewable energy with these fiscal pressures.
It turns out there are ways to do just that. Let me explain.