The Guardian: Donald Trump’s decision to impose a tariff on imported solar panels will cost the US solar industry about 23,000 jobs this year and risks slowing the growth of clean energy that would help address climate change, renewable energy advocates warned.
Trump has imposed a 30% tariff on foreign-made solar cells and modules, with the White House expressing alarm at a huge rise in imported components “spurred on by artificially low-priced solar cells and modules from China”.
But solar installers warned that the tariff, which will reduce to 15% within four years, will cost US jobs rather than protect them.
The Solar Energy Industries Association said 23,000 jobs would be lost in 2018, pointing out that most solar manufacturing in the US revolves around making parts for cheaper imported panels, rather than the cells and panels themselves.
The most significant government policy, business, and technology news and analysis delivered to your inbox.
Subscribe Nowi360Gov is an intelligent network of websites and e-newsletters that provides government business, policy and technology leaders with a single destination for the most important news and analysis regarding their agency strategies and initiatives.
Telephone: 202.760.2280
Toll Free: 855.i360.Gov
Fax: 202.697.5045
The most significant government policy, business, and technology news and analysis delivered to your inbox.
Subscribe Now