Monday, August 2, 2021

Biden Has a Solar Panel, Climate Change Dilemma, Will Hypocrisy Rule?

Do we want to promote more clean energy or not? If at what cost? Those are the question as Two U.S. Companies Seek Continued Tariffs on Imported Solar Panels Auxin Solar Inc., a San Jose, Calif., solar panel manufacturer, and Suniva Inc., which owns an idled solar cell factory in Norcross, Ga., plan to ask the U.S. International Trade Commission on Monday to extend the solar tariffs for four years, said Mamun Rashid, Auxin's chief executive officer.

China is the world's largest producer of solar cells and panels used to generate electricity, although it has moved some of its production to elsewhere in Asia to avoid U.S. tariffs.

The ITC can recommend extending the tariffs, but only the president has the power to do so-creating a potential dilemma for the Biden White House, which wants to encourage domestic manufacturing and wants to speed up the adoption of solar technology.

Hooray for Tariffs?! US production of solar panels tripled under Trump tariffs.

"The issue of the solar tariffs are very much on my mind," she said at a Senate hearing.

"We are struggling with the application of these tariffs that are meant to save maybe the last producer that we have here in the United States." What's the Goal? Is the goal to save the last US solar panel manufacturer via tariffs? Is the goal to have a faster and more meaningful shift towards clean energy? Biden will seek more "Tax incentives" of course.

Tariff Job Killers "It is time to end the job-killing Section 201 solar tariffs," said John Smirnow, general counsel for Solar Energy Industries Association, a trade group whose membership includes importers and installers.

https://mishtalk.com/economics/biden-has-a-solar-panel-climate-change-dilemma-will-hypocrisy-rule 

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