Solar energy consultant: the U.S. solar market "will just stop dead" once the federal tax credit expires

The solar manufacturing industry has been riding a wave of massive expansion due to government subsidies that exist now, but also because the solar manufacturers are betting that the subsidies will either continue and/or be expanded massively in the future to help us attain "energy independence".

There's one small problem though. Richard Read, The Oregonian's two-time Pulitzer Prize winning writer points out that there is an impending bursting bubble in the solar panel manufacturing industry due to a 30% US federal tax credit that expires at the end of this year. Foreign governments also have expiring tax credits that exacerbate the inconvenient truth of solar panel manufactures - that their product cannot compete at all on a level playing field.