The Department of Energy released a study today highlighting the importance for Federal interventions in changing the future of the solar industry.
The study reveals "subsidies are a greater threat to the power grid than inclement weather, physical attacks, or cyberattacks.”
Some of the key points of the study are as follows:
- “Subsidies are a greater threat to the power grid than inclement weather, physical attacks, or cyber attacks."
- Many major players in the Solar and Electric industry subsidize American taxpayers’ money.
- We must preserve the solar grid to promote tax and policies to help further American economic growth.
Even Elon Musk, electrical and solar industry giant, was quoted saying he "doesn’t need or want subsidies to promote the growth of his efforts in Tesla, Space X or SolarCity."
“After years of pragmatic solar policies we are finally vindicated by the most recent report by the Department of Energy,” said Martha Boneta, Executive Vice President of Citizens for the Republic.
“This is a confirmation for conservatives who stand firm against government funding of solar companies that cannot compete in the marketplace with the money from American taxpayers. It is time to end the subsidies obtained by the major players once and for all.”
Citizens for the Republic (www.CFTR.org) is a conservative grass roots lobbying organization dedicated to promoting the ideology and political philosophy of Ronald Reagan. Reagan established the original CFTR in 1977. In 2010, a group of Reagan stalwarts re-launched the organization. CFTR's Sunlight Project has worked to end subsidies and expose corporate corruption. Sunlight is the best disinfectant.
For more information, or to schedule an interview with Martha Boneta, Executive Vice President of Citizens for the Republic, contact me via email or 703-739-5920.
