"The U.S. solar industry on Wednesday kicked off a lobbying push aimed at convincing Congress to extend a generous tax credit for solar energy systems that is set to begin phasing out next year.
In a letter sent to congressional lawmakers and signed by more than 900 solar companies, the Solar Energy Industries Association argued that the 30% tax credit for solar energy systems should be preserved because it has helped generate $140 billion in investment. The subsidy has also created more than 200,000 jobs even though solar energy accounts for only a little more than 2% of U.S. electricity generation, the letter said.
“Solar energy can do more for the economy,” it said. “Harmful public policy changes could quickly compromise future growth.”"
Source: Reuters, 07/19/2019
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