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Court Rules That Imported Solar Panels Are Bad For US Manufacturing (theverge.com)

The International Trade Commission has ruled that American companies are being hurt by cheap solar panels from overseas, providing an opportunity for President Donald Trump to tax imports from countries like China. The Verge reports: Today's unanimous decision ruled that the companies SolarWorld Americans and Suniva were struggling financially not because of their own poor management, but because they couldn't compete with cheap panels from countries like China, Mexico, and South Korea. Suniva is now suggesting import duties of 40 cents a watt for solar cells, and a floor price of 78 cents a watt for panels. (Right now, the average floor price, worldwide, for panels is about 32 cents.) The Solar Energy Industries Association warned that implementing these suggestions could end up doubling the price of solar, thus destroying demand and causing Americans to lose their jobs.

2 of 364 comments (clear)

  1. Re:BAD for jobs by ShanghaiBill · · Score: 5, Informative

    South Korea is NOT a low-cost locale ... labor there is surely more expensive than someplace like Alabama.

    Median salary in S. Korea: $29,125
    Median salary in Alabama: $39,180

    Both figures are the result of a 10 second Google search.

    Disclaimer: I think import restrictions on solar panels are idiotic.

  2. Re:#MAGA = kill solar to support clean coal by jonwil · · Score: 5, Informative

    Even if you made solar power illegal, it would do absolutely nothing to get the coal miners jobs back. The major reason coal has been killed in the USA is because fracking and other unconventional forms of extraction have made generating power using natural gas more attractive than using coal.