The Journal. The Uncertain Future of Renewable Energy
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Jul 15, 2025 The podcast dives into the challenges facing the renewable energy sector after recent legislative changes. It reveals the potential loss of half a trillion dollars in tax incentives, raising alarms among industry experts. A solar-panel installation company owner shares firsthand insights on how subsidy rollbacks may impact clients and workforce stability. Discussions highlight the urgent need for adaptation within the solar industry to navigate this uncertain landscape and maintain investment momentum.
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Graham's Solar Industry Journey
- Graham Alexander has been working in solar energy for 25 years, starting when solar panels were not popular.
- He transitioned from hands-on work to business planning and now co-owns a solar installation company.
Renewables Surge in New Power
- Renewables made up around 80% of new power capacity added in 2024, surpassing natural gas significantly.
- Despite growth, renewables still provide a minority of total U.S. power generation.
IRA Boosted Renewable Energy
- Biden's Inflation Reduction Act massively boosted renewable subsidies, projecting $400 billion over 10 years.
- It aimed to transform U.S. energy away from fossil fuels toward renewables.