this post was submitted on 12 Dec 2024
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I’m sure that’s a much more effective than trying to build up US companies to make solar panels.
One would expect it to have that effect. If X is more expensive to obtain abroad, then you'll tend to have more domestic capacity being developed -- as long as it's believed that the tariffs aren't going to go away in the near future, since otherwise, anyone investing in solar manufacturing capacity stands to lose their investment.
Except this move is likely less about promoting domestic solar production and more about protecting oil, gas, and coal by making green energy alternatives more expensive.
Exactly, if that was the only way to produce electricity maybe there is an argument that tariffs will stimulate domestic production, but in this case i think this will just hinder the transition to renewable energy sources.