President Donald Trump’s attempt to create U.S. jobs by taxing solar panel imports could backfire.
That’s according to the CEO of the Solar Energy Industries Association trade group, who says it’s domestic workers that will feel the pain.
“We have been the fastest growing form of new energy...and this is putting the brakes on that crazy growth,” Abigail Ross Hopper told Cheddar in an interview. “These are not people who are looking for what nationality the company they work for is. They just want to feed their families and pay their mortgages. And those are the people whose jobs are at risk.”
Earlier this week President Trump signed a law that would impose a 30 percent tariff on imported solar panel and sells, a move the administration says will encourage domestic manufacturing.
But the SEIA says the vast majority of the 260,000 Americans employed in the industry work in peripheral industries like installation. Ross Hopper says the bill will result in 23,000 layoffs this year and delay or cancel billions of dollars of investment in the sector.
She also says it might dissuade U.S. consumers from going green.
“Most [businesses and consumers] want to choose solar because it saves them money,” she said. “This decision changes that calculus.”
For full interview [click here](https://cheddar.com/videos/solar-power-in-america).
The Democrats’ expansive elections and voting bill is all but certain to be rejected in a key Senate test vote.
German soccer clubs are banding together to display rainbow colors during the country’s match against Hungary at the European Championship after UEFA rejected host city Munich’s plan to do the same.
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he Supreme Court has decided unanimously that the NCAA cannot enforce rules limiting education-related benefits that colleges offer to student athletes — things like computers and paid internships.
A sharply limited number of fans will be allowed to attend the Tokyo Olympics. The decision announced Monday comes as organizers try to save some of the spirit of the Games where even cheering has been banned.
The Supreme Court has dismissed a challenge to the Obama era health care law, preserving insurance coverage for millions of Americans.
The Supreme Court has ruled that the city of Philadelphia violated the Constitution by limiting its relationship with a Catholic foster care agency over that group's refusal to certify same-sex couples as foster parents.
President Joe Biden has signed legislation Thursday establishing a new federal holiday commemorating the end of slavery, saying he believes it will go down as one of the greatest honors he has as president.
The number of Americans applying for unemployment benefits rose last week for the first time since April despite widespread evidence that the economy and the job market are rebounding steadily from the pandemic recession.
How much do you think cops make? A few hundred thousand per year? It sounds extreme, but this is the case in many cities across the country thanks to a slew of financial perks in ironclad union contracts.
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