The Barack Obama administration’s decision to put tariffs on Chinese and Taiwanese solar panels is almost certainly bad for the planet. It may also be bad for U.S. jobs.
The tariffs, announced yesterday, could increase the price of solar products from China and Taiwan by more than 200 percent. The move was prompted by SolarWorld AG, a German maker of solar panels that has a factory in Oregon. The U.S. claims that the imports benefited from unfair subsidies.
That may be true. But the broader context here is that despite impressive gains, the U.S. is failing to expand its renewable energy sector quickly enough to meet the challenge of climate change.
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