Jenkins: Tax credits dropped solar and wind costs up to 90%
Jesse Jenkins · What the Inflation Reduction Act of 2022 would mean for climatetech · Aug 5, 2022 · at 13:42
Jesse Jenkins, Princeton energy systems modeler, explains how historical clean energy tax credits successfully reduced renewable energy technology costs.
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“The investment tax credit and production tax credit that helped, along with policies in other countries, drive the cost of solar power down by about 90% since 2009 and wind power down by about 70% since 2009.”
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