Biden will use the Defense Production Act to boost US production of
renewable energy systems
Biden will use the Defense production Act to boost US production of
solar panels and other
renewable energy systems.
This is an important thing to do, but when the means for getting
businesses to do what the country needs includes tax breaks, it has
the long term tendency to reduce tax revenue.
So we should rather increase taxes on business that goes in the wrong direction. That is what a carbon tax would do.