Biden now says HIS OWN
tariffs on solar panels are a "national security threat." They're not, they're just stupid. As is his invoking the Defense Production Act to spur domestic production of solar panels. To put it another way, he's using his executive powers to
increase solar panels in America,
four months after using his executive powers to
decrease solar panels in America.
With this much uncertainty in the solar panel industry, is it any wonder investors are reluctant to put money into the industry?
...Like most industries that involve building things, the solar industry in America needs two conditions to grow: reliable supply chains to provide access to goods produced anywhere in the world and greater private investment. Tariffs make the former more complicated and expensive while introducing uncertainty that scares away the latter.
If Biden wants to "accelerate domestic production," he should stop layering new, contradictory orders into the market and simply get government out of the way.
Onward and upward,
airforce
