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 federal appeals court ruled President Donald Trump, when using his infamous @realDonaldTrump Twitter account, cannot block his critics, upholding an earlier court ruling.
Tom Steyer, the former hedge-fund executive and progressive activist, announced his candidacy for the 2020 Democratic presidential nomination on Tuesday.
These are the headlines you Need 2 Know for Tuesday, July 9, 2019.
The market for hemp-derived CBD is expected to hit $5.1 billion in 2019 and $23.7 billion by 2023, according to new research from CBD and cannabis-focused market research firm, Brightfield Group. Despite bullish projections from researchers, enthusiasm from the industry, and curiosity from consumers, however, legislation at the federal and local levels isn’t keeping pace.
In a ceremony that strained credulity, President Donald Trump touted his administration's environmental protection initiatives in a speech on Monday.
Female candidates must navigate the question of "electability," a double-standard for political campaigns according to Amanda Litman, former Hillary Clinton staffer and executive director of the political action committee, Run for Something.
New York Gov. Andrew Cuomo signed a bill into law on Monday that will allow Democratic lawmakers in Washington access to the president’s highly sought after state tax returns.
These are the headlines you Need 2 Know for Monday, June 8, 2019.
The UK's Competition and Markets Authority, a government department charged with ensuring business competition, ordered Amazon to pause its investment in Deliveroo, a widely-popular British restaurant delivery service.
The Trump administration will continue its efforts to include a citizenship question on the 2020 census, Justice Department lawyers said Friday. The government told a federal judge in Maryland that it will pursue further litigation but did not provide details on its rationale or legal strategy.
