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Phasing out government subsidies will stabilize solar industry

By Marco Mangelsdorf and Jigar Shah

POSTED: 01:30 a.m. HST, Apr 18, 2013

~~<p>In 1976, Hawaii&rsquo;s first tax credit legislation was signed into law to stimulate the purchase of solar energy systems, reduce the importation of fossil fuels and promote greater energy independence.</p>
<p>George Ariyoshi was serving his first of three terms as governor. Gerald Ford was president. Hawaii&rsquo;s population was 900,000; today it&rsquo;s about 1.4 million. And most of today&rsquo;s workers in Hawaii&rsquo;s solar businesses were not even born when this legislation went into effect.</p>
~~

In 1976, Hawaii’s first tax credit legislation was signed into law to stimulate the purchase of solar energy systems, reduce the importation of fossil fuels and promote greater energy independence.

George Ariyoshi was serving his first of three terms as governor. Gerald Ford was president. Hawaii’s population was 900,000; today it’s about 1.4 million. And most of today’s workers in Hawaii’s solar businesses were not even born when this legislation went into effect. Login for more...



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