Thursday, January 25, 2018

Trump's solar tariff

You can see how ineffective is the solar tariff here.

An excerpt: "The new 30% import tariff just imposed on imported solar panels and solar cells is a protective tariff without benefit.
It will not revive the declining U.S. silicon solar cell industry. It will harm U.S. workers in factories manufacturing solar panels using imported solar cells. It will hurt the rapidly expanding U.S.solar industry, slowing down the rapidly growing adoption of solar across the U.S.economy and costing jobs. It will slow the reduction of green house gases and the replacement of coal and natural gas plants with cheaper, zero pollution energy.
In Jacksonville, Florida the city council has just voted for a $23 million dollar subsidy for Chinese company Jinko Solar to build an 800 worker modular production plant which itself will be subject to the tariff on solar cells. Similarly, the tariff will affect the Tesla giga-factory in Buffalo that uses imported cells.

The tariff will slow, but not stop, the expansion of U.S. solar. According to Green Tech Media there will be an 11% net reduction of solar installations over the next five years. This means the installation of 61.3 gigawatts instead of a projected 68.9 gigawatts, a 7.6 gigawatt shortfall. That’s the bad news, if the projection is correct...."

Is this part of coal magnate Robert Murray's wish list? Yes. (See here). From Murray's Wikipedia entry: "CNN specifically cited Murray's Illinois Galatia mine, which had almost 3,500 safety citations in the prior two and a half years."

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