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).
Call it the "sandwich generation" ー people, often women, in their 30s and early 40s juggling demanding careers and increasing demands of caring for aging parents. Those are some of the stories Emmy Award-winning journalist Laura Ling is hoping to highlight in her podcast "Everyday Bravery."
These are the headlines you Need 2 Know for Friday, Nov. 30, 2018.
Ignorance is a major impediment in the effort to reverse climate change, said the former chief sustainability officer for the Obama administration. “I think lot of it is lack of awareness, these are topics that a lot of energy nerds like myself have been thinking of for a long time," Christine Harada, the president of i(x) Investments told Cheddar on Wednesday.
This morning on Cheddar Big News: President Trump says a pardon is "not off the table" for his former campaign chairman Paul Mananfort; families of victims of the Santa Fe, Tex. school shooting sue the parents of the gunman; and highlights from the National Tree Lighting in Washington, D.C.
These are the headlines you Need 2 Know for Thursday, Nov. 29, 2018.
Committees in the New Jersey state Senate and Assembly may have both approved a bill that would legalize recreational marijuana in the state, but the bill's success isn't certain, said Politico New Jersey Reporter Sam Sutton.
Facebook has failed to properly address its “black people problem,” a former employee told Cheddar Wednesday. Earlier this month, former partnerships manager Mark Luckie sent a searing memo criticizing the company’s lack of racial diversity to Facebook employees shortly before he left his post. He recently published the memo, which quickly went viral.
TOMS Founder Blake Mycoskie told Cheddar in an interview he decided after the recent shooting in Thousand Oaks, Calif., near his home, that it was incumbent on businesses to act where lawmakers could not.
Fed Chair Jerome Powell addressed a luncheon Tuesday with a tone that suggested interest rate hikes may slow. Investors loved what they heard, and markets soared in the wake of Powell's remarks.
Venezuela, once a vibrant economy with some of the richest oil reserves in the world, is now in economic crisis. Brian Price, executive producer of a new documentary "Venezuela: State of Disaster," explores how a country with so much promise devolved into utter economic disaster, where hospital patients are now told to "bring their own lightbulbs" to surgery so the doctor can see.
