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California Slashes Rooftop Solar Incentives in Blow to Industry

(Bloomberg) – California will sharply reduce the incentive that encouraged more than a million homeowners and businesses to install rooftop solar panels and cemented the Golden State as a green energy pioneer.Most Read from BloombergTrump Hawks Superhero NFT Trading Cards as Crypto Universe ImplodesIs Putin Finally Getting Smart About His Ukraine Disaster?Elon Musk’s Tesla Share Sales Approach the $40 Billion MarkUS Stocks Drop for a Second Day; Oil Snaps Rally: Markets Confirm Vol. 2 As Wall Street Grows in New York, Companies Get More Powerful in New Markets. The Most Popular Newsletters Get the Latest News and Deals.

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