WHAT IT IS
- Solar power is using solar cell panels to capture energy from the Sun.
- The U.S. wants to place an emergency safeguard tariff on solar modules to protect from potential injuries to the solar industry.
- This is a result of a rare petition made by Suniva Inc. to the U.S. International Trade Commission (ITC), after filing bankruptcy.
- This request will go to the World Trade Organization (WTO) to be debated.
WHY IT MATTERS
Producing solar energy has become a booming global industry, in which the U.S., China and India all want control. Implementing this tariff would make America the highest priced country for solar modules and could start a solar trade war among the world.
WHERE WE ARE NOW
- Another solar module manufacturer, SolarWorld, has joined Suniva in the petition.
- The petition is requesting a four year tariff and is gaining support.
- ITC has until September 22, 2017 to decide if the U.S. solar industry has suffered from the surge in imports.
- If passed, the petition will then require a decision from President Trump by November 13.
THINGS TO THINK ABOUT
- The potential impact on the United States.
- How can we balance creating cheap renewable energy and protecting U.S. business?
- Is renewable energy something that should be always protected from business trades in order to create a “greener society”?