this post was submitted on 12 Dec 2024
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[–] [email protected] 4 points 1 week ago (2 children)

build up US companies to make solar panels.

One would expect it to have that effect. If X is more expensive to obtain abroad, then you'll tend to have more domestic capacity being developed -- as long as it's believed that the tariffs aren't going to go away in the near future, since otherwise, anyone investing in solar manufacturing capacity stands to lose their investment.

[–] [email protected] 12 points 1 week ago (1 children)

Except this move is likely less about promoting domestic solar production and more about protecting oil, gas, and coal by making green energy alternatives more expensive.

[–] [email protected] 1 points 1 week ago* (last edited 1 week ago)

Exactly, if that was the only way to produce electricity maybe there is an argument that tariffs will stimulate domestic production, but in this case i think this will just hinder the transition to renewable energy sources.

[–] [email protected] 1 points 1 week ago (1 children)

Your second part is why I've been saying we won't be building factories.

[–] [email protected] 3 points 1 week ago* (last edited 1 week ago) (1 children)

We are building the refinery in Tennessee, and the Quary is in Canada. 1 company is Sonova Global.

So naturally the Tariffs against Canada will be us making our local refinery pay more to import materials from their own company's query across the border

[–] [email protected] 4 points 1 week ago (1 children)

FYI, it's spelled quarry. That is all.

[–] [email protected] 2 points 1 week ago* (last edited 1 week ago)

Haha, I spelled it wrong twice, talented