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).
Andrene Ward-Hammond, who plays Big Mo on Showtime's "Your Honor" talks to Cheddar about how the limited series reflects the ongoing issues of inequity in the U.S. criminal justice system.
After seeing two academic years thrown off course by the pandemic, school leaders around the country are planning for the possibility of more distance learning next fall at the start of yet another school year.
In the 1920s, an army of real estate boosters set out to redefine Florida from an economic backwater to a ritzy vacation destination, sparking a land boom — and bust — the likes of which America had never seen before.
President Joe Biden is meeting with the House Democratic committee chairs who aim to put his $1.9 trillion coronavirus relief package on a fast track to becoming law.
Nate Boutte, pharmacy manager for Walgreens, talked about the readiness of the pharmacy chain in getting COVID vaccines out in the White House's new distribution plan.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
The IRS is offering eligible taxpayers who did not receive their full federal stimulus checks a chance to claim a Recovery Rebate Credit on their 2020 tax return.
Rep. Al Green (D-Texas 9th District), spoke with Cheddar about the possibility of raising the federal minimum wage as part of the current COVID relief package.
Rep. Brenda Lawrence (D-Mich. 14th. District) said that Trump must be held accountable for his possible role in egging on supporters to invade the Capitol Building on January 6.
Rep. Sara Jacobs (D-Calif. 53rd District) spoke to Cheddar about how those accused of provoking the January 6 attack on Capitol Hill, such as Rep. Greene and former President Trump, need to be held accountable.
Load More