“Now that the subsidies are gone, are you going to fold your tent, or create a business that is a survivor?” – (Doug Houseman, below)
Electricity expert and solar advocate Doug Houseman (we debate on LinkedIn) recently posted on the new reality for the subsidy-entitled solar industry. He is reacting to the Trump’s Big Beautiful Bill rollback (but not elimination!) of the Inflation Reduction Act, Investment Tax Credit, and Production Tax Credit.
“Today the world changed,” he began. “With the passage of the Mega bill energy assurance went away.”
…It was that solar and wind developers and installers had a pretty good idea of what subsidies they would get, the subsidies were untouchable, and stable for decades. A little change here and there, but largely they stayed the same. Even though it made little sense to provide subsidies to rooftop solar, it was very stable too.
Ed. Note: With the multi-decade climate movement in crisis, the blame game is on. Today’s post follows a similar one earlier this week, Climate Messaging: The Alarmists are Alarmed.
Nathan Truitt, executive vice president of climate funding at the American Forest Foundation (a ‘carbon management’ entity), explained his “theory of what’s wrong with the climate action community and how to fix it.” He began:
First off, why do I think something is wrong? Well, we are facing an existential threat to human civilization, but the community that works to promote climate action is riven with internal disagreements, easily spending more time arguing with itself than trying to convince others.
Really? An existential crisis? Will he read the new DOE report on climate science and economics? Truitt continues in fantasy land:
…This shouldn’t be the case.
“This report supports a more nuanced and evidence-based approach for informing climate policy that explicitly acknowledges uncertainties…. [I]t will be important to make realistic assumptions about future emissions, re-evaluate climate models to address biases and uncertainties, and clearly acknowledge the limitations of extreme event attribution studies … for informed and effective decision-making.”
The Climate Working Group of the U.S. Department of Energy (John Christy, Ph.D.; Judith Curry, Ph.D.; Steven Koonin, Ph.D.; Ross McKitrick, Ph.D.; Roy Spencer, Ph.D.) published a new study that injects realism and humility into the politicized, climate-model-driven debate. This 141-page summary of CO2 science, climate science, climate economics, and related public policy reverses the John Holdren et al. bias of prior like reports.
The executive summary and conclusion from “A Critical Review of Impacts of Greenhouse Gas Emissions on the U.S.…