I can't believe there isn't a thread about this already. Mods, I checked Energy, Environment, and Policy and News and didn't see anything. Feel free to merge or delete if I missed something. A friend of mine who works for a local solar installer told about this last night over a beer. Yesterday, Congress passed the spending bill which extends the 30% investment tax credit for alternative energy for 3 years, after which it slowly ramps down becoming permanent at 10% in 2022. Congress Passes Tax Credits for Solar and Wind: | Greentech Media In a compromise, the 40 year old ban on exports of US oil was lifted, but "independent analysts found that the deal would be a net positive for the climate. Although emissions would increase slightly because of increased drilling activity, they would be easily offset by increasing renewable energy development and decreased coal consumption."