Tuesday, March 13, 2012

U.S. vs. China: Get Ready for a Solar Trade War

U.S. vs. China: Get Ready for a Solar Trade War

Jigar Shah, EnergyBiz
SolarWord, a Germany solar cell manufacturer, has filed a petition with the U.S. Department of Commerce that, if successful, would increase prices for solar cells and panels and reduce the solar industry's job growth in America. More critically, this petition has become the first shot heard around the world in an emerging trade war between the United States and China. SolarWorld's petition is harmful to the U.S. solar industry as a whole, and a trade war would be a major setback for solar in competing with fossil fuel generated electricity.

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