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by ferentchak
3305 days ago
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My understanding when Obama wanted to do this that the Chinese were subsidizing their solar panels because it was seen as an important future industry. Those subsidies made the price very very low compared to domestically produced panels and all of our companies were starting to go out of business. I think the view was that if we desired to have the technology to produce solar we would have to step in to assist our companies in the same way the Chinese were assisting their industry. Figured I would get in before everyone thought this was a Trump only protectionist move, the main idea is nothing new. http://www.nytimes.com/2012/05/18/business/energy-environmen... |
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