• @[email protected]
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    41 month ago

    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.

    • @[email protected]
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      121 month ago

      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.

      • Jack
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        30 days ago

        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.

    • @shalafi
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      11 month ago

      Your second part is why I’ve been saying we won’t be building factories.

      • @[email protected]
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        1 month ago

        We are building the refinery in Tennessee, and the Quary is in Canada. 1 company is Sonova Global.

        So naturally the Tariffs against Canada will be us making our local refinery pay more to import materials from their own company’s query across the border