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A spending package President Trump signed before the New Year keeps the Investment Tax Credit at 26 percent through 2022 and at 22 percent through 2023, a policy similar to one the White House eliminated during spending negotiations at the same time last year.
US Presidential Change of Focus on Renewables
Joe Biden’s win presents major upside for the solar industry. The candidate campaigned on a national plan to reach 100 percent clean electricity by 2035. Solar offers a key technology to achieve that goal, with 2020 marking its second year in a row to claim the largest share of new generating capacity of any resource.
COVID impact on pollution
Half of the world population is under some form of lockdown due to COVID-19.
Environmental pollution is reduced up to 30%.
Mobility is reduced up to 90%.
A study found that even as NO2 emissions plummeted 60% and fine particulate matter dropped 31%, global average ozone went up slightly around the world.