"The U.S. could get as much as 40% of its electricity from solar by 2035 if the country commits to federally backed decarbonization efforts and adopts policies to promote the technology, the Department of Energy said in a report today [Wednesday].
The document comes as Capitol Hill prepares for weeks of debate on a sweeping $3.5 trillion budget reconciliation package, which has the potential to contain hundreds of billions of dollars to encourage clean energy technologies to combat climate change.
The report says rapid cost declines in solar deployment will make the technology’s rise all but inevitable, even under a business-as-usual scenario. Solar generation’s share will likely rise seven times its current number by 2035, said the report.
But to achieve needed carbon reductions to stave off the worst climate change and achieve 40% solar production by 2035, the country needs to rapidly accelerate clean energy deployment by nearly four times its current pace by the end of the decade."