Amanda Chu of The Financial Times reports on industry opposition to Biden’s tariffs.
- The Biden administration has levied steep tariffs on Chinese EVs, solar panels, and batteries.
- NextEra CEO Rebecca Kujawa has said that these tariffs have increased costs for developers and consumers and slowed down renewable development.
- Rather than protectionism, policymakers should unleash open markets to reduce costs of clean technologies.
“‘Any uncertainties in the development process can definitely create higher costs for customers and make it more difficult to get some of the clean energy goals that the Biden administration has over the finish line.'”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
