Solar costs dropped more than 70% over the last decade, and Biden wants to accelerate the trend
“‘Low- and moderate- income Americans are less likely to adopt solar due to issues like lack of access to financing, which perpetuates energy inequalities and leads to lower overall levels of solar deployment,’ the memo said.
Fighting climate change is a priority for the Biden administration. On his first day in office, President Joe Biden re-entered the U.S. into the Paris Climate Accord, and he has pledged to slash greenhouse gas emissions in half by 2030. He’s also called for a carbon-free power sector by 2035, for which solar growth will be instrumental.”