U.S. Solar Industry Faces Major Setback from Trump’s Tariffs
Douglas McIntyre and David Callaway, Editor-in-Chief at Climate Crisis 24/7, discuss the growing threat tariffs pose to the U.S. solar energy industry. McIntyre raises concerns about 40% tariffs on solar components, especially those from China. Callaway explains that while companies have tried to hedge by pre-ordering panels or sourcing from countries like Vietnam and Malaysia, extended tariffs will significantly harm industry growth. He notes that while onshore wind projects in places like Texas and California remain viable, both offshore wind and solar are facing growing financial strain—reflected already in the performance of solar energy stocks.
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