The Daily
"The Commerce Department has decided to impose tariffs ranging from 2.9 percent to 4.73 percent on subsidized Chinese solar panels that are imported into the U.S. It takes remarkable cheek for Obama to insist that, while American “public investment” in green energy is virtuous, Chinese “public investment” in green energy is vile. ...None of these public figures bothered to mention that an Obama donor was also a huge investor in Solyndra — and made several visits to the White House in the run-up to the approval of Solyndra’s loan deal. The administration’s attempt now to prevent Americans from buying low-priced Chinese solar panels smacks of the same sort of cronyism that characterized the Solyndra debacle.
Chinese panels obviously compete against panels produced in America. This, like all competition, forces prices downward. But the administration isn’t interested in making green energy affordable; it’s interested in protecting politically influential American producers from foreign competition." (H/T Climate Depot)
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