Tariffs on Solar Panels Could Slow Industry Growth by 66%
13 replies, posted
[quote]
A [URL="https://www.bloomberg.com/news/articles/2017-06-15/this-case-could-upend-america-s-29-billion-solar-industry"]trade complaint[/URL] asking the Trump administration to impose tariffs on solar panels could devastate the U.S. industry, wiping out two-thirds of solar systems forecast to be installed over the next five years, according to a report Monday by [URL="https://www.greentechmedia.com/research"]GTM Research[/URL].
The case, filed by bankrupt panel manufacturer [URL="https://www.bloomberg.com/quote/3569453Z:US"]Suniva Inc.[/URL], would cause equipment prices to spike in the U.S. and prompt installations to fall to as low as 25 gigawatts from 2018 to 2022, down from GTM’s current forecast of 72.5 gigawatts, GTM said. The report is the first on how tariffs may affect the industry.[/quote]
[url]https://www.bloomberg.com/news/articles/2017-06-26/tariffs-on-solar-panels-seen-slowing-industry-growth-by-66[/url]
Golly gee, who would've guessed that might happen.
god bless the u s a
This is the equivalent of leashing a rabid dog with crappy straw rope.
You're going to slow it down for a bit, but it'll eventually chew through that rope. And once it does, it'll have no mercy in digging its teeth into the Coal industry.
[QUOTE=Uber22;52411311]This is the equivalent of leashing a rabid dog with crappy straw rope.
You're going to slow it down for a bit, but it'll eventually chew through that rope. And once it does, it'll have no mercy in digging its teeth into the Coal industry.[/QUOTE]The purpose wasn't really to hurt coal but because domestic panel manufacturers wanted it.
[QUOTE=thelurker1234;52411332]The purpose wasn't really to hurt coal but because domestic panel manufacturers wanted it.[/QUOTE]
Welp, so much for that analogy... :v:
gotta keep the decaying corpse of coal propped up for another decade
Fuck this country.
GOP: The party of economic freedom and innovation.
[QUOTE=thelurker1234;52411332]The purpose wasn't really to hurt coal but because domestic panel manufacturers wanted it.[/QUOTE]
Isn't at least one of them owned by a Chinese businessman and the panels are at least partially made in China before coming over?
If that's true, a Chinese guy has gotten America-First protectionism to benefit him at the expense of the American consumer. #MAGA :v:
[QUOTE=thelurker1234;52411332]The purpose wasn't really to hurt coal but because domestic panel manufacturers wanted it.[/QUOTE]
the "domestic panel manufacturer" that wants it is owned by Shunfeng International Clean Energy
it's a nice attempt to appear like they're "protecting US interests", but the truth is China already has us by the balls
[quote]Outside trade lawyers say the letter may undermine Suniva’s case at the ITC by helping the company’s critics prove it’s not "representative" of the larger domestic industry -- a key threshold for such cases to advance. If the case will collapse without Suniva’s backing, that wider support may not exist.
"There’s a relationship between their willingness to make the case go away -- their ability to make it go away -- and the reluctance of the ITC to start a war over one little company having a problem," said Lewis Leibowitz, a Washington-based trade and customs lawyer.
The Solar Energy Industries Association casts Suniva as an outlier, arguing to the ITC that no other domestic producers support its tariff push and the company’s output is too small to be considered representative of the industry.[/quote]
[url]https://www.bloomberg.com/news/articles/2017-05-22/chinese-solar-makers-shown-55-million-path-to-avoid-tariffs[/url]
Man the current US administration is dead set on ruining the world aren't they?
Don't need solar panels when you have clean coal!
Guess Musk's gotta build a few factories in the country then
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