In an interview with Bloomberg, solar energy leader Robert Einhorn of Vestas Energy said the difference is a lot more complicated than you might think.
“The technology, the manufacturing, the supply chain, the economics of it all all,” he said.
That’s a far cry from the kind of rhetoric that led President Donald Trump to call on U.S. businesses to go solar.
He said that the U.K. government had given the green light to build solar farms that would “make the country more energy-efficient and more attractive to foreign investors.”
The U.N. climate chief, Christiana Figueres, has also been on the record against solar power.
The head of the World Bank said last week that the economic case for the project, known as the World Energy Investment Bank, was not strong.
Trump’s stance also has been challenged by former Secretary of State Henry Kissinger, who said that if Trump is serious about fighting climate change, then he needs to invest in the sector.
The question is, how much will this be a game-changer for the American economy?
“It’s an opportunity for America to have an impact on the climate,” Einhan said.
“If it is to have any meaningful impact, it’s going to have to be in a very large way.”
Einhorn, who is also chairman of Vesta Energy, said that he thinks the solar market could grow significantly over the next two to three years.
It’s also important to remember that U. S. power prices are going up.
Solar panels can be made at home and at an industrial scale.
If the market goes up, we’ll need to adapt, said Einhart.
But even with solar growing in popularity, Einhton said that U