“So if our policy decisions are being made on a timescale of two years or four years, changing and going back and forth, that’s just not really compatible with the time scale of one of these company’s lifetimes. We hope to avoid that entirely by trying to serve other markets that may not rely on policy,” he said.
Schweikert says the key, legislatively, is getting businesses to opt in, which also takes time.
“They would need a longer window, so we’ve actually updated the legislation to make it functionally permanent in the tax code,” said Schweikert. He says legislators have met with scientists and the corporations who back them about addressing corporate responsibility for the climate problem. He says the key for the legislation, like the technology, is to make it affordable.
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