I just met a guy who’s been in the solar business since 2002, working on projects that are in the 8-figure range. He mentioned a recent $27 million deal, so that means commercial and/or industrial clients.
After expressing my admiration for what he’s done, I asked what changes he’s noticed, and he replied, unsurprisingly, that the cost of goods has fallen by more that 50%–probably closer to 70%.
Then I asked him about his concerns about solar’s future. He said that Biden’s Inflation Reduction Act has been incredibly powerful. It re-instated the 30% investment tax credit that had expired, and added on another 20% if the project uses U.S. made materials. He continued, “I don’t know where you are politically, but the Trump administration has vowed to repeal Biden’s work, and bring all this to a halt. This would be a terrible blow to the progress we’ve made.”
Those who stand in opposition to the president have dozens of different reasons for their feelings. One, as is on display here, is that he’s an ignoramus.
Not sure about this.
A magna cum laude graduate of Harvard Law School might struggle to identify a bear. Could be.
This is the intelligence level of the American electorate today.
The Chinese ownership of American farmland is less than 0.00036, or 0.036%. To put this into perspective, if the entirety of U.S. farmland were reduced to one acre, the Chinese government and business interests would own less than 15 square feet, about half the size of a small broom closet.
Yet, true to form, this is a huge issue for the MAGA base.
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