Biden will pause solar tariffs and invoke Defense Production Act for cleanenergy
by Justine Calma from The Verge - All Posts on (#601ZV)
Racking systems to hold solar panels at the site of solar farm under construction on top of an old strip mine in Portage, Pennsylvania, U.S., on Monday, April 25, 2022. | Justin Merriman/Bloomberg via Getty Images In an executive action on Monday, President Joe Biden announced a number of measures aimed at boosting solar energy in the US, including a two-year bridge" meant to alleviate a squeeze on the flow of solar equipment imports from Cambodia, Malaysia, Thailand, and Vietnam.
The moves come after a federal investigation into whether solar manufacturers had been evading tariffs on goods from China by exporting them through other countries. The Department of Commerce says it will levy penalties on companies that it finds are evading taxes as part of its investigation, but only after the two-year reprieve from tariffs on imports from Southeast Asia ends.
Alongside the tariff holiday, the executive order includes two measures meant to boost...