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).
New York City’s march was led by renowned Swedish climate activist Greta Thunberg, 16, who arrived in the U.S. late last month after a two-week journey across the Atlantic in a solar-powered yacht in an effort to draw attention to her cause.
Keith McCarty, CEO and founder of Wayv, wants to use tech to ease the many “friction points” in the complicated world of business-to-business cannabis logistics.
In a resolute response, California said it is set to launch a major legal challenge — one that will surely be lengthy and have broad implications on the way the U.S. confronts the climate crisis and on state's rights.
The Fed said in a statement that the decision to lower rates was influenced by the "implications of global developments for the economic outlook" and "muted inflation pressures."
The escalating measure follows several days of heightened tensions between the two countries over the attack on oil facilities in Saudi Arabia over the weekend.
In the shadow of the Washington Square Arch Monday night in front of a crowd of thousands, the presidential hopeful outlined her platform to fight corruption in Washington D.C.
Governments and energy markets worldwide remain on edge Monday as the U.S. continues to blame Iran for the drone attack on two oil installations in Saudi Arabia over the weekend.
The détente emerged Wednesday after China approved tariff exemptions for a number of U.S. imports and President Trump announced that the U.S. will postpone its forthcoming tariff hikes.
Reporter's Notebook: While Houstonians may be used to weather in the 90s in mid-September, perhaps some of Thursday night's hottest takes happened on the debate stage, as the gloves came off between the top ten Democratic primary candidates.
In the wake of two mass shootings last month in Texas, gun control took center stage at the third Democratic debate Thursday night, and gave former Congressman Beto O’Rourke one of the best moments of his campaign.
