Tell Congress to extend the ITC
In just a few weeks, the federal government may start phasing out its most successful environmental policy in recent memory: the solar investment tax credit.
That would be a terrible mistake. The tax credit has proven enormously effective, sparking a clean energy revolution that created hundreds of thousands of jobs across the country—including thousands in our home state of New York.
Solar is just hitting its stride
But even in New York— one of the national leaders in solar installations—only 1.6 percent of our electricity comes from this renewable source. In other words, solar has plenty of room to grow.
And grow it must, if we are to speed up the transition away from fossil fuels and avoid the worst predicted effects of global warming. Scientists have been ringing the climate alarm bells for decades, but CEO’s, politicians of both parties, concerned civilians, and military and intelligence leaders are increasingly taking action to address the risks that come with a rapidly changing climate.
An industry call to action
The House Ways & Means Committee just introduced a comprehensive clean energy tax proposal that includes a five-year extension of the ITC. This is a positive step, but there’s a long way to go before the ITC extension becomes law. Now is a critical time to contact our representatives in Congress to make the passage of an ITC extension a priority before the end of the year.