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Taxes imposed on import do not hurt solar, as much as they will help the American solar industry. Tons of American solar companies have nearly been brought to b
by zjaffee 9y ago
Taxes imposed on import do not hurt solar, as much as they will help the American solar industry. Tons of American solar companies have nearly been brought to bankruptcy because china is massively subsidizing the export of solar panels.
This problem is also magnified by the fact that Warren Buffet has been using his influence to encourage states to charge panel owners fees relating to grid usage that weren't there prior, as there is a cost associated with continuously switching which direction power from a given houses is flowing.
- cracell 9y agoYeah it's weird to me that this article didn't talk about China's dumping of solar panels. Bloomberg has other recent articles talking about it https://www.bloomberg.com/news/articles/2018-01-21/trump-china-trade-clash-fears-flare-anew-a-year-into-presidency https://www.bloomberg.com/news/articles/2018-01-21/trump-chi... Reeks of "Trump is for it so it's must be bad" issue that has plagued journalism since he took office. There's pros and cons to this method of fighting dumping but it's certainly a good thing for American solar panel manufacturers just not the installers (in the short term at least).
- icantdrive55 9y agoYea, I want to look at his presidency, and actions, in a objective manner. I've never liked the man, but not everything he is doing is evil. We have gotten so used to Chinese underhanded business practices; it all starts to look normal. I'm almost to the point where why should I even buy my stuff from Amazon, when I can get it cheaper at Alibaba. I know Tartifs can be tricky, but we can't just let them take advantage of us. My hope is he has a group of economists whom are instructing him to slowly test out a few tarrifs, and hopefully, nix any tarrif that's not working. (Yes, I know it's more complicated than deleting a law.) For a long time I have felt our government almost discourages poor/middleclass entrepreneurs. We needed a change. Yes--the wealthy will always be able to make money here. They aren't the problem. I don't understand why they are always bitching about paying taxes. It seems like the only time they shut up is during a world war, but it has to be the right war--I guess? A war where they feel guilty about not signing up. I heard we had a 90% tax rate on the wealthy during/after WW2, and the quality of life was never better for most Americas. My point is I'm shocked at most of Trumps actions, especially the one's will greatly affect the poor. I'm ok with Tartifs on solar panels, and washing machines right now. If he makes our pathetic wefare system worse--I don't care what regulation he enacts; I don't want him around. In my world, that will be the final straw. It was my final straw with Clinton--when he decided to "reform" our terrible welfare system. Actually, he knew the Rebublicsns were about to enact reforms, and decided to take away their thunder. (Thunder--like taking care of the poor, and disenfranchised is wrong? I'm not on welfare, but have friends who are, and shocked at just how terribly they are treated. And whenever a Tariff doesn't work, the naysayers run to the Smoot–Hawley Tariff Act. We really haven't had a lot of Tarrifs in the U.S. in the last twenty-40 years? My point is I don't want to throw the baby out the cliche. His presidency will be interesting, and hopefully not too painful. (Sorry--I'm not feeling great today.)
- kadenshep 9y ago>Taxes imposed on import do not hurt solar, as much as they will help the American solar industry. What's backing up this claim? Because not only is this at a glance in violation of several trade agreements the U.S. has made internationally, it also defies core theories and principles that have fueled the last several decades of trade law and agreements [1]. This absolutely REEKS of the typical bullshit the right+ in this country like to put out every time they're elected while also dripping with short sighted protectionism. [1] https://en.wikipedia.org/wiki/Tariffs_in_United_States_history#Trade_liberalization https://en.wikipedia.org/wiki/Tariffs_in_United_States_histo...