John Farrell of the Institute for Local Self-Reliance recently wrote a 'no' argument to the Wall Street Journal's question Will Solar Energy Plummet if the Investment Tax Credit Fades Away?

However, in this post, he's clarifying that while solar energy won't plummet, removing the tax credit is still a bad idea. "In short, while allowing the 30% tax credit to expire is not doomsday for solar, it’s bad policy. Congress should maintain support for a zero-fuel, zero-carbon energy resource that can decentralize the economic benefits of the power system," he writes. 

Farrell cites three main problems with discontinuing the tax credits:
1. The tax credit doesn't affect communities equally. A solar array in Missouri produces less energy than one in California and it will take longer to reach parity in some states than others based on the cost of electricity in those locations. Removing the tax credits hurt the chances of launching the programs in places that need it.
2. The Department of Energy has spent twice as much on fossil energy development than on renewable resources
3. Solar energy gives electric customers a choice in the source of their electricity as an alternative to " an increasingly expensive product from a monopoly power company."

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