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).
A federal judge made a limited ruling Friday that the White House must immediately restore press access to CNN correspondent Jim Acosta on Fifth Amendment grounds.
After a machine recount of ballots in the U.S. Senate race in Florida between Republican Gov. Rick Scott and Democratic incumbent Sen. Bill Nelson found them still within a hair's breadth of each other, the state is now endeavoring to recount, by hand, millions of the votes cast. Cheddar's J.D. Durkin reports from Palm Beach County on the latest developments.
These are the headlines you Need 2 Know for Friday, Nov. 16, 2018.
Robin Koval, CEO and president of the anti-smoking Truth Initiative spoke to Cheddar on Thursday about the FDA's decision to seek restrictions on flavored nicotine products and menthol cigarettes. She said she's pleased with the progress, but is calling for more robust restrictions.
The FDA is moving forward with its proposal to restrict sales of most flavored e-cigarettes including popular brand Juul.
These are the headlines you Need 2 Know.
Amazon announced Tuesday that it will split its second headquarters in two, placing half the workforce in New York City and the other half in Northern Virginia. Sen. Mark Warner (D-Va.) is a supporter of the move and told Cheddar its residual impact will benefit the entire region.
Sen. Mark Warner (D-Va.) spoke with Cheddar's J.D. Durkin about Amazon's move to Crystal City and what it means for the people of Virginia. "This is both going to be an economic driver and, frankly, put this region more on the map as a tech headquarters," Warner told Cheddar.
These are the headlines you Need 2 Know for Wednesday, Nov. 14, 2018.
These are the headlines you Need 2 Know for Tuesday, Nov. 13, 2018.
Load More