Tuesday 23 January 2018

Trump to levy 30% tariff on imported Solar panels

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Because when something is working very well, it's time to break it:

Suniva spokesman Mark Paustenbach called tariffs "a step forward for this high-tech solar-manufacturing industry we pioneered right here in America." However, solar installers and manufacturers of other equipment used to run solar-power systems opposed tariffs, which they said will raise their prices and hurt demand for the renewable energy.

The Solar Energy Industries Association, which represents installation companies, said billions of dollars of solar investment will be delayed or canceled, leading to the loss of 23,000 jobs this year. Mark Bortman, founder of Exact Solar in Philadelphia, said the prospect of tariffs, since the trade commission recommended them in October, had already caused him to delay hiring and expansion plans. "Solar is really just starting to take off because it is truly a win-win-win situation" for consumers, workers and the environment, he said. "Tariffs would really be shooting ourselves in the foot."

Environmentalists should not be "torn" on his issue. Make no mistake, it's a bad idea, and very likely will please fossil fuel companies and their advocates. And considering some of the comments I've seen by those who should know better, I guess it's time for another lecture on this complicated issue:


http://ift.tt/2n5nIgB

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