Because except for certain projects that are already about to be turned on, the new projects are going to have to be funded with private money because the tax credit is going to go away. And the good news is I think that Solar has reached a point now where it's sufficiently inexpensive to be successful when there's no tax credit available. to subsidize it. This is good news. I will tell you the bad news, however. And the bad news is that for any type of electrical generation, we don't have the transmission. (14:55–15:05)
CLAIM
Asserts that solar energy is now cost-effective enough to succeed without federal tax credits.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
