Eric Boehm of Reason writes about one solar company’s attempt to hurt the U.S. solar industry.
- San Jose-based Auxin Solar is petitioning the Biden administration to impose tariffs on solar parts that are manufactured in Vietnam, Cambodia, Malaysia, and Thailand.
- Solar tariffs have had an overwhelmingly negative impact on the U.S. solar industry, increasing costs for consumers and decreasing project build outs.
- If the Biden administration wants to bolster our nation’s clean energy portfolio, they should expand free trade and eliminate protectionist measures such as tariffs.
“Above all, this offers a lesson about how protectionism creates perverse incentives in markets and politics. Trump’s decision to impose tariffs on Chinese solar parts and Biden’s decision to extend those tariffs have created a bizarre situation where a bankrupt solar manufacturer and an ‘artisanal solar boutique’ might get to dictate the future of an entire industry.”
Read the full article here.
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