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Diving further into the Inflation Reduction Act: Part One

Volts

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Are You Trying to Model the Impact of the Recovery Act?

I don't know anybody tried to model the recovery act as a climate policy per say, at the time. I think we sometimes overcredit the recovery act with impacts. It kept the wind and solar industries from collapsing due to the lack of tax equity for a few years during the great recession. And collectively, those policy interventions globally drove down the cost of solar to a tenth of what it was when the waxen marke bill died - that's just transformative.

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