morekaos
Well-known member
Shovel ready quality US jobs…this green transition is turning out exactly as they told us it would…Bravo…well played comrades!!
Green Energy Industry Admits It Needs Cheap Chinese Goods To Survive
Industry leaders in panic as Congress pushes to impose tariffs on Chinese solar panels
China controls more than 80 percent of the world's solar panel production, a figure that hasn't waned as Biden spends hundreds of billions of dollars on green energy subsidies intended to give the United States the ability to "compete with China." Instead, U.S. solar companies have been flooded with increased demand and have turned to China to satisfy it. A reimposition of Chinese solar tariffs would cost U.S. developers at least $1 billion in retroactive fees, prompting solar executives and trade groups to publicly stress their need to maintain a free flow of cheap Chinese goods.
The Solar Energy Industries Association, for example, admitted in a Friday statement that the United States "cannot produce enough solar panels and cells to meet demand." The American Council on Renewable Energy similarly said Chinese tariffs "would have a devastating impact on U.S. solar deployment." Solar energy contractor George Hershman, meanwhile, said tariffs would prompt him to lay off "thousands of people," given the hundreds of millions of dollars in projects that his company, SOLV Energy, has fulfilled using Chinese goods. "I don't know why anyone would support this," Hershman told the Washington Post.
https://freebeacon.com/energy/green-energy-industry-admits-it-needs-cheap-chinese-goods-to-survive/
Green Energy Industry Admits It Needs Cheap Chinese Goods To Survive
Industry leaders in panic as Congress pushes to impose tariffs on Chinese solar panels
China controls more than 80 percent of the world's solar panel production, a figure that hasn't waned as Biden spends hundreds of billions of dollars on green energy subsidies intended to give the United States the ability to "compete with China." Instead, U.S. solar companies have been flooded with increased demand and have turned to China to satisfy it. A reimposition of Chinese solar tariffs would cost U.S. developers at least $1 billion in retroactive fees, prompting solar executives and trade groups to publicly stress their need to maintain a free flow of cheap Chinese goods.
The Solar Energy Industries Association, for example, admitted in a Friday statement that the United States "cannot produce enough solar panels and cells to meet demand." The American Council on Renewable Energy similarly said Chinese tariffs "would have a devastating impact on U.S. solar deployment." Solar energy contractor George Hershman, meanwhile, said tariffs would prompt him to lay off "thousands of people," given the hundreds of millions of dollars in projects that his company, SOLV Energy, has fulfilled using Chinese goods. "I don't know why anyone would support this," Hershman told the Washington Post.
https://freebeacon.com/energy/green-energy-industry-admits-it-needs-cheap-chinese-goods-to-survive/
