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riversedge

(81,112 posts)
13. HuffPost: Solar Industry Braces For Job Losses As Trump Puts Fees On Imported Panels
Mon Jan 22, 2018, 09:42 PM
Jan 2018




POLITICS 01/22/2018 05:22 pm ET Updated 1 hour ago


Solar Industry Braces For Job Losses As Trump Puts Fees On Imported Panels
The solar industry created 1 in every 50 new American jobs in 2016.


https://www.huffingtonpost.com/entry/trump-solar-tariff_us_5a66328de4b0022830057908?ncid=tweetlnkushpmg00000067


By Alexander C. Kaufman
Kevin Lamarque / Reuters
President Trump’s decision to impose a 30 percent tariff on imported solar equipment marks his most striking blow to renewable energy yet.

1.4k

For the past five years, the solar industry in the United States has boomed, becoming a reliable employment engine and giving hope to policymakers seeking to stave off the worst effects of climate change.

But late Monday afternoon, President Donald Trump approved import fees that analysts say will send the price of solar panels surging and halt hiring in an industry that has grown 17 times faster than the U.S. economy.

“It’s political fodder to make the United States look like it’s tough on China, and it’s protecting American jobs,” Noah Ginsburg, a director at a New York-based nonprofit that helps low-income communities install solar panels, told HuffPost. “But the reality on the ground is deploying these tariffs will destroy American jobs and negatively impact anyone who wants to participate in and benefit from clean energy.”

Solar companies created 1 in 50 new jobs in the U.S. in 2016, with the help of imported solar panels that drastically reduced prices. (The Solar Foundation projects that number will be even higher for 2017; its report on last year’s figures is due out in a few weeks.) Most of those jobs are at companies that install solar panels on rooftops and build large solar farms for utilities and big corporations.

At the same time, domestic solar panel manufacturers have suffered, unable to compete with cheaper rivals from abroad. Last year, Suniva, a Georgia-based manufacturer owned by a Chinese company, filed a trade complaint with the U.S. International Trade Commission (ITC) after declaring bankruptcy, arguing that it’s impossible to compete with cheap imports. In May, SolarWorld, the Oregon-based subsidiary of a German panel maker, joined the complaint. The companies requested that the White House impose fees on imported panels under the 1974 Trade Act that would more than double the price of solar cells from about 33 cents to roughly 78 cents per watt.......................................



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Lots of rich people in America making shitloads of money off of business as usual Eliot Rosewater Jan 2018 #1
Are there any US manufacturers of solar panels? jmowreader Jan 2018 #2
they are made overseas precisely to take advantage of "unfair trade practices". unblock Jan 2018 #3
There are some, but the majority of them come from China. The real target is US solar companies. alfredo Jan 2018 #4
spot on. Trump wants coal and fossil fuels and this will help. damn. riversedge Jan 2018 #5
absolutely. It also as the potential of starting trade wars, and history is not kind regarding that still_one Jan 2018 #9
China won't be happy alfredo Jan 2018 #15
Sorry, but it isn't that simple still_one Jan 2018 #16
I know, but its just more shit to deal with. alfredo Jan 2018 #17
No doubt about it, and they sure did that with steel. still_one Jan 2018 #18
We need China, and they need us. alfredo Jan 2018 #22
top 10 solar panel manufacturers in th USA steventh Jan 2018 #6
I believe both 'US' companies that sued for this tarriff kirby Jan 2018 #7
Yes, there are... SeattleVet Jan 2018 #10
There is a HUGE plant in NY Omaha Steve Jan 2018 #11
Yes. That's requested the tariffs Jose Garcia Jan 2018 #21
trade wars are good still_one Jan 2018 #8
And how does this impact GE's new appliance factory in Mexico? or is it just against Samsung? gfwzig Jan 2018 #12
HuffPost: Solar Industry Braces For Job Losses As Trump Puts Fees On Imported Panels riversedge Jan 2018 #13
Appliances are crap Puppyjive Jan 2018 #14
Solar Industry Braces For Job Losses As Trump Puts Fees On Imported Panels still_one Jan 2018 #19
Is this good or bad? Bernie Is Pro-Tariff... TomCADem Jan 2018 #20
I'll be honest here Bradical79 Jan 2018 #23
We should insist that companies who want to do business ripcord Jan 2018 #24
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