http://thehill.com/blogs/e2-wire/e2-wire/239143-china-fights-back-against-us-solar-trade-measures
escalating battle over solar power manufacturing practices.China’s trade ministry said that it would investigate U.S. solar-grade polysilicon on anti-dumping and anti-subsidy grounds, Reuters reported. The move is the latest in a series of tit-for-tat measures between China and the United States regarding solar power.
Obama has political capital invested in the fight. He blamed California solar panel maker Solyndra’s bankruptcy partly on a flood of cheap Chinese solar panels entering the market.“Obviously, we wish Solyndra hadn’t gone bankrupt,” Obama said in March. “Part of the reason they did was the Chinese were subsidizing their solar industry and flooding the market in ways that Solyndra could not compete.”The Chinese government heavily subsidizes solar panel makers through cheap credit under a state-centric economic policy that picks winners, Western solar companies have charged.The Commerce Department in June slapped a 31 percent tariff on all Chinese solar panel imports, one of the highest tariffs in U.S. history.Republicans quickly turned Solyndra, which secured a $535 million loan guarantee from the federal government, into a symbol for Obama’s green jobs initiative. Last week, House GOP energy leaders introduced a bill called “No More Solyndras” that would sunset the program that furnished the firm with the loan guarantee.
this is beating a program designed to promote alternative energy in favor of keeping the oil and coal status quo, invested heavily by the right wing and their benefactors Exxon et al. i can't shake the thought of some collusion between Romney and China, not something beneficial to we the people. not like they don't have a history.
are republican blockades and desire to vilify the Pres. the cause of our not getting a foot hole in the solar industry. their demoizing and ragging on the Pres. for having a realistic view of American energy, has delayed our entry into the future once again righty's in the past want…
the more you hear the thinner the reality they are concentrating on those who would misinterpret the truth it's been their plan since the Nixon WH. http://www.youtube.com/watch?v=g8UyFCVOGKI…
