Gallery: Solar Prices Expected to Rise as US Places Huge Tariffs On Chi...

 

With China becoming the world’s leader of solar cells and panels, it was hoped that their mass production would help bring down global prices. However, in order to aid domestic manufacturing, the US has hampered such progress by imposing tariffs of as much as 250 percent on Chinese-made solar cells. While the decision was made to protect US solar production against foreign competition, it is expected that it will ultimately raise PV cell prices and hurt the domestic renewable energy industry.

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2 Comments

  1. dragonman March 31, 2013 at 5:00 pm

    I wonder how many readers of this story get the irony of a country that has 15 heavily state subsidised SEZ’s, bars foreign businesses operating on the mainland (with the exception of the SP New Zone), and is an unadmitted currency manipulator to their benefit and most western countries detriment. You cant protest foreign protectionism when your own country practices the worlds most preeminent protectionist policies.

  2. tony myers October 9, 2012 at 3:27 pm

    If the US were to subsidize, where would the money come from? It’s not like we have a surplus of cash. Subsidies usually go to those with the right political connections.

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