boutons_deux
08-16-2017, 08:51 AM
President Trump (http://www.latimes.com/topic/politics-government/donald-trump-PEBSL000163-topic.html)’s most useful ally in his push to restore the dominance of coal, oil and gas in America could ultimately turn out to be a pair of bankrupt solar firms seeking help from the federal government getting back on their feet.
In an unorthodox trade case roiling the solar industry worldwide, the duo of distressed panel makers is aiming to empower Trump with the authority to
slap punishing tariffs on foreign competitors — mostly in China and other Asian countries
— whose cheap panels have fueled the massive growth in U.S. solar installations.
Prices of panels would roughly double
should the two U.S. manufacturers get the relief they are seeking, several independent analysts warn.
Some 88,000 installation and other jobs in the U.S. solar electricity sector — one in every three — would vanish,
according to the Solar Energy Industries Assn. California, with its robust solar industry, would lose the most by far.
The consequences for green power in the U.S. would be so serious that even conservative think tanks that have been tangling with the solar industry for years are speaking up on its behalf, warning Trump against imposing the sanctions.
They are joined by big electricity companies that have had their own misgivings about the expansion of solar, as well as some of the nation’s biggest retailers and dozens of members of Congress.
Suniva filed its case under a rarely exercised provision of trade law called Section 201, which enables the president to broadly impose tariffs if the commission finds such a drastic move is needed to protect an American industry from a deluge of foreign imports.
http://www.latimes.com/politics/la-na-pol-trump-solar-20170815-story.html?utm_source=Today%27s+Headlines&utm_campaign=b19a6d2b6a-EMAIL_CAMPAIGN_2016_12_12&utm_medium=email&utm_term=0_b04355194f-b19a6d2b6a-80027601
In an unorthodox trade case roiling the solar industry worldwide, the duo of distressed panel makers is aiming to empower Trump with the authority to
slap punishing tariffs on foreign competitors — mostly in China and other Asian countries
— whose cheap panels have fueled the massive growth in U.S. solar installations.
Prices of panels would roughly double
should the two U.S. manufacturers get the relief they are seeking, several independent analysts warn.
Some 88,000 installation and other jobs in the U.S. solar electricity sector — one in every three — would vanish,
according to the Solar Energy Industries Assn. California, with its robust solar industry, would lose the most by far.
The consequences for green power in the U.S. would be so serious that even conservative think tanks that have been tangling with the solar industry for years are speaking up on its behalf, warning Trump against imposing the sanctions.
They are joined by big electricity companies that have had their own misgivings about the expansion of solar, as well as some of the nation’s biggest retailers and dozens of members of Congress.
Suniva filed its case under a rarely exercised provision of trade law called Section 201, which enables the president to broadly impose tariffs if the commission finds such a drastic move is needed to protect an American industry from a deluge of foreign imports.
http://www.latimes.com/politics/la-na-pol-trump-solar-20170815-story.html?utm_source=Today%27s+Headlines&utm_campaign=b19a6d2b6a-EMAIL_CAMPAIGN_2016_12_12&utm_medium=email&utm_term=0_b04355194f-b19a6d2b6a-80027601