Techno-News Blog

May 21, 2012

How Will Tariffs on Solar Panels Affect Innovation?

Filed under: Uncategorized — admin @ 12:24 am

by Kevin Bullis, Technology Review

The United States Commerce Department concluded today that Chinese solar panel manufacturers are dumping solar panels in the U.S., and is penalizing them by imposing a 30 percent tariff on 62 solar manufacturers in China and a general 250 percent tariff on other solar panel manufacturers in China. That’s on top of a small tariff of 2.9 to 4.73 percent it announced earlier this year. The decision may increase solar panel prices in the U.S. and will undoubtedly have political repercussions, as China has threatened to impose retaliatory tariffs. It could also have an impact on innovation, but exactly what that impact will be less clear.

http://www.technologyreview.com/blog/energy/27858/?p1=blogs

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