• 55 mins Here’s Your Chance To Blow Up An Oil Pipeline
  • 2 hours Shell Restarts Bonny Light Exports
  • 4 hours Russia’s Rosneft To Take Majority In Kurdish Oil Pipeline
  • 10 hours Iraq Struggles To Replace Damaged Kirkuk Equipment As Output Falls
  • 15 hours British Utility Companies Brace For Major Reforms
  • 19 hours Montenegro A ‘Sweet Spot’ Of Untapped Oil, Gas In The Adriatic
  • 21 hours Rosneft CEO: Rising U.S. Shale A Downside Risk To Oil Prices
  • 22 hours Brazil Could Invite More Bids For Unsold Pre-Salt Oil Blocks
  • 23 hours OPEC/Non-OPEC Seek Consensus On Deal Before Nov Summit
  • 24 hours London Stock Exchange Boss Defends Push To Win Aramco IPO
  • 1 day Rosneft Signs $400M Deal With Kurdistan
  • 1 day Kinder Morgan Warns About Trans Mountain Delays
  • 1 day India, China, U.S., Complain Of Venezuelan Crude Oil Quality Issues
  • 2 days Kurdish Kirkuk-Ceyhan Crude Oil Flows Plunge To 225,000 Bpd
  • 2 days Russia, Saudis Team Up To Boost Fracking Tech
  • 2 days Conflicting News Spurs Doubt On Aramco IPO
  • 2 days Exxon Starts Production At New Refinery In Texas
  • 2 days Iraq Asks BP To Redevelop Kirkuk Oil Fields
  • 3 days Oil Prices Rise After U.S. API Reports Strong Crude Inventory Draw
  • 3 days Oil Gains Spur Growth In Canada’s Oil Cities
  • 3 days China To Take 5% Of Rosneft’s Output In New Deal
  • 3 days UAE Oil Giant Seeks Partnership For Possible IPO
  • 3 days Planting Trees Could Cut Emissions As Much As Quitting Oil
  • 3 days VW Fails To Secure Critical Commodity For EVs
  • 3 days Enbridge Pipeline Expansion Finally Approved
  • 3 days Iraqi Forces Seize Control Of North Oil Co Fields In Kirkuk
  • 3 days OPEC Oil Deal Compliance Falls To 86%
  • 4 days U.S. Oil Production To Increase in November As Rig Count Falls
  • 4 days Gazprom Neft Unhappy With OPEC-Russia Production Cut Deal
  • 4 days Disputed Venezuelan Vote Could Lead To More Sanctions, Clashes
  • 4 days EU Urges U.S. Congress To Protect Iran Nuclear Deal
  • 4 days Oil Rig Explosion In Louisiana Leaves 7 Injured, 1 Still Missing
  • 4 days Aramco Says No Plans To Shelve IPO
  • 7 days Trump Passes Iran Nuclear Deal Back to Congress
  • 7 days Texas Shutters More Coal-Fired Plants
  • 7 days Oil Trading Firm Expects Unprecedented U.S. Crude Exports
  • 7 days UK’s FCA Met With Aramco Prior To Proposing Listing Rule Change
  • 7 days Chevron Quits Australian Deepwater Oil Exploration
  • 7 days Europe Braces For End Of Iran Nuclear Deal
  • 8 days Renewable Energy Startup Powering Native American Protest Camp
Is Hydrogen Fuel As Dumb As Musk Thinks?

Is Hydrogen Fuel As Dumb As Musk Thinks?

Hydrogen fuel cells have been…

James Burgess

James Burgess

James Burgess studied Business Management at the University of Nottingham. He has worked in property development, chartered surveying, marketing, law, and accounts. He has also…

More Info

China Furious about US Antidumping Tariffs of 31% against Imported Solar Panels

China Furious about US Antidumping Tariffs of 31% against Imported Solar Panels

The US has angered China once again, this time by announcing that antidumping tariffs of more than 31 percent will be levied on solar panels imported from China. The move has infuriated Chinese officials who were already upset due to allegations against China’s human rights policies and confrontational attitude towards American allies such as Japan and the Phillipines.

The tariffs will be some of the biggest in American history, regarding one of the largest and fastest growing industries in China, the world’s largest exporter.

Many people in the US support Chinese panels and oppose the tariffs, claiming that the cheap imports have encouraged many homeowners and businesses to install solar panels, and the new tariffs will increase prices, reducing the demand.

The Chinese are angry, pointing out that for years the US have urged China to embrace renewable energy as a method to reduce air pollution, combat climate change, and reduce their reliance on oil imported from the Middle East.

Alan Price, a partner at the law firm Wiley Rein, who are representing the US solar companies said that China poses a real threat to American manufacturers, especially in the growing green energy sector.

“China’s method is straightforward: it sets forth industry-specific Five-Year Plans and then uses all forms of national and local subsidies and other governmental support to quickly transfer jobs, supply chains, intellectual property and wealth, to the permanent detriment of U.S. and global manufacturers.”

“China’s ability to ramp up and overwhelm an industry is unique and particularly devastating with new and emerging technologies, where global competitors may be less established and can be knocked out more easily and quickly.”

Shawn Qu, chief executive of Canadian Solar, which produces solar panels at manufacturing plants in China and sells them to the US, said that, “limiting trade in solar products will cause panel prices to increase, defeating America’s goal of driving down costs. Our first priority should be to support the health of the industry as a whole through the financing and installation of solar, which is the key driver to expanding jobs in the U.S. solar market.”

By. James Burgess of Oilprice.com



Join the discussion | Back to homepage

Leave a comment
  • wagga watson on May 21 2012 said:
    it is either this or continue to standby while the standard of living of your citizens drop even more as further jobs are offshored. Time to wake up folks, that goes for our weak little enablers that we have foolishly voted to govern in Australia
  • anonymous on May 21 2012 said:
    Too bad for the Chinese, you build junk without testing it, and now you can keep the panels and pay the price.

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News