- Banned
- #1
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
"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