![]() ![]() Politicians may thunder and declaim, but administrative agencies make the rules and regulations that translate political policies into action. ![]() There’s nothing business hates more than regulatory uncertainty, particularly when decisions made in Washington, DC, can determine whether a project is profitable or loses money. ![]() In the meantime, solar developers are shelving plans to build new solar installations because they don’t know how much those critical components will cost. While the IRA has encouraged new investments in solar cell and panel production in the United States, those new factories won’t spring up overnight. The Biden administration responded by putting a two-year pause on those higher tariffs, but the Senate recently voted to overturn that pause.Īll this turmoil has had a negative effect on the US solar industry. Last year, the US trade representative slapped higher tariffs on solar panels from China after a complaint was filed by Auxin Solar. The nub of it all is that China is currently the dominant supplier of solar cells and panels in the world and there are many complaints it is using its advantage to put other manufacturers - particularly those located in the US - out of business. It’s a delicate dance, one that is fraught with geopolitical implications. On the other hand, the government wants to encourage domestic production and protect American manufacturers from overseas competitors who may be using forced labor and government subsidies to make solar cells and panels that they sell for less than the cost of manufacturing. To accomplish that goal, there are many incentives included in recent federal legislation, like the Inflation Reduction Act, that are worth billions of dollars. On the one hand, the federal government wants to speed up the installation of solar power plants to help lower carbon emissions from thermal generating plants. Unless you have been living under a rock lately, you are probably aware that a titanic struggle is taking place in the US over solar power. Sign up for daily news updates from CleanTechnica on email. ![]()
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