13 Dec '11, 10am

US-Chinese Trade War on Solar Panels Killed Solyndra

US-Chinese Trade War on Solar Panels Killed Solyndra

The US Department of Commerce’s investigation focuses on whether these subsidies violated international trade laws and led to a glut of solar panels on the US market. If China’s subsidies are found to be in violation, Solyndra will be declared a casualty of a trade war in renewable energy instead of a political albatross for the Obama administration. Without US subsidies on par with China’s, China can effectively flood the market and erode US manufacturing by gutting the US customer base. In the long run, it could lead to a Chinese monopoly on solar panel manufacturing, and Chinese control of the larger solar energy industry.

Full article: http://www.triplepundit.com/2011/12/chinese-trade-war-sol...

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