Trump’s latest blow to clean energy is a tariff on solar panels
Cheap solar cells and panels from overseas will now be subject to a 30 percent tariff, the Trump administration announced on Monday. The decision is aimed at boosting the competitiveness of US-made solar panels. But opponents say that the tariffs could drive increases in pollution and endanger jobs in America’s $29 billion solar industry.
The announcement comes after the International Trade Commission’s ruling in September that the companies SolarWorld AG and Suniva couldn’t compete with cheap solar panel imports. Both companies manufacture panels in the United States but are in fact foreign-owned, Bloomberg reports: SolarWorld AG is the American arm of a German company, and Suniva has a Chinese majority owner.
The solar industry…
Powered by WPeMatico