I know you laughed, heck I rolled on the floor, because the basis of their complaint is that China is subsidizing their solar companies. Solar Companies whose CEO’s and related board members who are living large off of the hardworking American’s tax dollars, to the tune of billions upon billions of dollars are hypocrites. Those companies wouldn’t be in business if not for the largesse of the Obama Administration and their slush fund subsidies to the Solar industry in the United States. What The Solar Industry In America and China Have In Common Would Be Government Subsidies
Solar manufacturers including the U.S. unit of SolarWorld AG (SWV) are preparing a trade complaint against imports from China, as they seek help from President Barack Obama to counter subsidies to their competitors, according to people familiar with the matter.
The case, which would be filed at the Department of Commerce and the U.S. International Trade Commission in Washington, would be one of the largest targeting China, with political implications as both nations race to develop clean- energy technologies.
The companies argue that China’s subsidies to solar companies violate global trade rules and provide those manufacturers with an unfair advantage, according to the people, who spoke on condition of anonymity because no complaint has yet been filed.
“We are actively conversing with our federal contacts in seeking help on how to prevent China from decimating another U.S. industry,” Ben Santarris, a spokesman for SolarWorld Industries America Inc. in Hillsboro, Oregon, said in an interview. He declined to discuss a possible legal filing.
In the first seven months of this year, China shipped $1.4 billion of solar panels to the U.S., more than the $1.2 billion of panels it sent in all of 2010, according to U.S. International Trade Commission data. Imports from South Korea, the Philippines and India also jumped.
The collapse this month of Solyndra LLC, a California maker of solar panels that had $535 million in U.S. loan guarantees, has renewed demands from lawmakers and union leaders that the Obama administration pursue unfair-trade complaints against China for out-sized subsidies to its clean-energy companies.
“The American solar industry is facing unparalleled challenges, and without the leadership of your administration this industry may disappear,” Senator Ron Wyden, an Oregon Democrat, said in a Sept. 8 letter urging Obama to initiate a countervailing duty case against imports from China or to file a case at the World Trade Organization.
China provided $30 billion in credit to its biggest solar manufacturers last year, about 20 times the U.S. effort, Jonathan Silver, executive director of the Energy Department’s loan program, told a congressional panel Sept. 14.
If we were told the truth by the Obama Administration, we might find out that the 30B China has “invested” is not at all 20X more then what the US has given away to the pathetic, unnecessary and Nancy Pelosi Connected Trash Companies. I sit back and I am just waiting for the companies who got over a billion just this week to go bankrupt next September in time to remind Americans how wasteful these Democrats have been with their hard earned dollars.
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