Trump's tariffs are destroying America's Green Energy industry

[JGalt]

One overlooked effect of the trade war is the "green energy" and "renewable energy" industries. Apparently, the majority of equipment used in the creation of solar, wind, and geothermal energy is manufactured in China.



"These cost increases won't just slow down the wind energy sector — it's going to increase the cost of building turbines, which in turn will increase the cost of the green energy that they generate."

How are Tariffs Impacting the Wind Energy Industry? | AltEnergyMag

"The intent was to punish China, whose solar giants like JinkoSolar, JA Solar, and Yingli Green Energy Holding Co Ltd. together dominate the solar manufacturing industry…"

Tariffs On Chinese Solar Products Hurt the U.S. Rather Than Help It -- Here's Why

"Vestas Wind Systems A/S, one of the world's largest renewable companies, said yesterday that tariffs and the ongoing trade war between the United States and China contributed to a sharp drop in its second-quarter profits."

RENEWABLE ENERGY: Vestas' profits plunge as tariffs hit wind industry

 

[fncceo]

Win-win.

 

[theHawk]

So Green energy is built with Chinese slave labor.

What a woot.

 

[Marion Morrison]

No need for that.

 

[Tijn Von Ingersleben]

Fuckin hippies.

 

[Coyote]

Why is this good? Isn’t a diverse energy industry good for our country?

 

[edward37]

Futures Soar, Yields Jump After China, US Agree To Resume Trade Talks In October

by Tyler Durden
Wed, 09/04/2019 - 22:16
2
SHARES
TwitterFacebookRedditEmailPrint


S&P futures surged and 10Y yields jumped after China's CCTV reported that its top trade negotiators will travel to Washington in early October for talks with U.S. counterparts, to resume negotiations to resolve their trade war. The decision came following an early Thursday phone call Beijing time between Chinese Vice-Premier Liu He and the USTR Robert Lighthizer and Treasury Secretary Steven Mnuchin, according to a statement from China’s commerce ministry.

 

[Care4all]

So Green energy is built with Chinese slave labor.

What a woot.

Isn't near everything built with it? From men's and women's shoes to washing machines.... Not just solar energy....?

 

[Missouri_Mike]

One overlooked effect of the trade war is the "green energy" and "renewable energy" industries. Apparently, the majority of equipment used in the creation of solar, wind, and geothermal energy is manufactured in China.



"These cost increases won't just slow down the wind energy sector — it's going to increase the cost of building turbines, which in turn will increase the cost of the green energy that they generate."

How are Tariffs Impacting the Wind Energy Industry? | AltEnergyMag

"The intent was to punish China, whose solar giants like JinkoSolar, JA Solar, and Yingli Green Energy Holding Co Ltd. together dominate the solar manufacturing industry…"

Tariffs On Chinese Solar Products Hurt the U.S. Rather Than Help It -- Here's Why

"Vestas Wind Systems A/S, one of the world's largest renewable companies, said yesterday that tariffs and the ongoing trade war between the United States and China contributed to a sharp drop in its second-quarter profits."

RENEWABLE ENERGY: Vestas' profits plunge as tariffs hit wind industry

Wait a minute here.

The green energy people who can’t survive without massive tax payer funding also need cheap communist labor?

How the hell is the new green deal supposed to work then?

 

[Pilot1]

Great! They are working as intended!

 

[BluesLegend]

We are removing filthy dirty oil and coal from the soil cleaning the earth now that's green!

 

[my2¢]

When the pay of our steel workers gets down to minimum wage then our wind turbine companies will be just as competitive in the world market as the Chinese.