Oil and Gas Companies working behind the scenes? 9 23 17

Excerpt from the New York Times follows:

….As a result, broad segments of the solar industry say they are worried that the case will determine how and whether the American solar industry continues to grow. The sharp drop in the cost of panels has made it difficult for domestic manufacturers to compete, but it has also fueled a boom in solar development throughout the country, providing a lift to an industry that says it employs over a quarter-million workers.

Indeed, the case has already reshaped the market. Prices for solar panels have increased as buyers have rushed to get ahead of potential tariffs. Solar-farm developers have became skittish about long-term commitments to supply power at prices that could become uneconomical if tariffs raise their costs.

Yet the tariffs could end up having relatively little effect on Chinese products, said Chad Bown, a trade expert at the Peterson Institute for International Economics.

Earlier trade cases have already stemmed the flow of many solar products from China, he said. As a result, the broad tariffs that this measure could impose would fall more heavily on imports from South Korea, Mexico, Japan, Europe, Singapore and Malaysia, Mr. Bown’s research shows.

read the complete New York Times article at https://www.nytimes.com/2017/09/22/business/energy-environment/solar-imports.html?emc=edit_th_20170923&nl=todaysheadlines&nlid=31482837


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