Our nation’s energy sector is changing. The sustained growth of the U.S. solar industry over the past decade speaks directly to the evolution taking place.
Today many traditional energy companies have embraced renewables as key to their portfolios. Such a shift is a game changer: It marks a new age of integration, one that stands to benefit every community across the country.The announcement by the Trump administration that the United States is pulling out of the COP21 agreement might come across as a win for traditional energy sources over renewables. However, the market tells us that this simply isn’t the case. When the Paris Agreement was finalized in April 2016, companies in the U.S. quickly worked to understand core provisions and principles so that they could factor them into their long-term business plans. By removing the U.S. from the agreement, President Trump has effectively disrupted this market, which will force many to question the possibility of future economic growth across our sector. It’s just as much an economic issue, affecting all providers, as it is an environmental one.
With practically every country in the world signed onto the agreement, the U.S. is now missing a clear opportunity to stand as a leader on an issue that is just as domestic as it is global. To remain competitive with other nations, we must be a part of the infrastructure associated with the Paris Agreement. If the government doesn’t step up,…
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