Article 6QM0V How China and a tariffs row cast a shadow over booming US solar power

How China and a tariffs row cast a shadow over booming US solar power

by
Andrew Gumbel and Adam Lowenstein
from Environment | The Guardian on (#6QM0V)

The source of new renewable energy is also a battleground over China's cheap exports of panels that has split US firms

The Biden administration touts solar energy as one of its big success stories, a booming new industry that is curbing the effects of the climate crisis and creating high-paying jobs across the country. But the more complicated truth is that the United States is mired in a long-running trade war with China, which is flooding the market with artificially cheap solar panels that carry an uncomfortably large carbon footprint and threaten to obliterate the domestic industry.

The price of solar panels has plummeted 50% over the past year, largely, industry insiders say, because of deliberate Chinese overproduction of key components and a game of international cat-and-mouse over trade rules often likened to a game of Whac-A-Mole". As different sets of rules get established, Chinese companies have proved adept at moving their manufacturing plants to other countries, in south-east Asia, and shifting strategies to work around US tariffs and other deterrent measures.

This article was amended on 10 September 2014. An earlier version incorrectly stated that this year's RE+ conference took place in Las Vegas, Nevada.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/environment/rss
Feed Title Environment | The Guardian
Feed Link https://www.theguardian.com/us/environment
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments