alt Hacker NewsI think that's part of what's notable about this. The administration hasn't been able to reverse the trend despite putting a massive thumb on the scale against projects like offshore wind and tariffs on solar panel imports.
There's probably a delay in the effects though since projects started before they took office are probably starting to thin out and finish up. We'd have to look into the permitting of new projects or wait for to see how big the decline in new capacity turns out to be in a couple years.
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Like you can't avoid gravity, you can't avoid economic reality. Not in the long term anyway.
It's especially notable because there isn't just the thumb against offshore wind, solar panel tariffs, and even EVs. Chinese EVs can't be imported because of tariffs and many conservative states a pretending that EV drivers "don't pay their fair share because they don't buy gas" - except most gas taxes haven't been adjusted in multiple decades and don't even begin to pay for the cost of maintaining roads. Fuel taxes are a tiny portion of any state revenue.
There has always been a massive thumb on the scale in the form of tax breaks, direct subsidies (billions a year alone on this), land leasing, etc for fossil fuels and their use. Favorable public policy. And what the IMF calls implicit subsidies - the cost of impact on the climate/environment and people's health.
When a refinery is pumping out pollution and everyone in the area is getting sicker than people in similar areas - that costs us as insurance ratepayers and taxpayers.
https://www.americanprogress.org/article/5-hidden-ways-the-g...
https://www.imf.org/en/topics/climate-change/energy-subsidie...
...to name a few. A simple google search will turn up dozens more.
And yet what is the first critique of solar and wind by right wingers? "It's only cheaper because of all my tax dollars going to subsidizing them."
Federal, state, and local subsidies for green energy and EVs are a drop in the bucket.
A lot of comes from state initiatives too. Texas being conservative also happens to be very pro solar. I’m in the business and we have some great projects there. The US military is also pushing solar at their facilities. Then you have many private-state partnerships like tolls investing a lot in solar. The outlook in general is pretty positive in the US, a lot more than what people would think.