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Thursday, December 3, 2015

Hidden Costs of Solar Tariffs

The argument is basically tariffs on Chinese Solar Panels is going to cost US jobs, and the Solar Panels will just come from another country besides China.

My 2 cents. Chinese firms are selling below cost, because of over expansion. The result is a glut worldwide in Solar Panels. And there are subsidies on solar in the US, that with the current solar efficiency do not make economic sense. The largest Spanish Solar manufacturer just declared bankruptcy. A better use of the money for subsidies would be R&D, to increase the efficiency for solar panels and decrease battery cost that will eventually make solar have more economic sense.

Hidden Costs of Solar Tariffs - Bloomberg View

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