BICEP Companies, Including Nike and eBay, Urge ITC Not to Recommend Solar Tarriffs
InsideSources covers a coalition letter, signed by CEI, urging the Trump administration to reject a tarrif on solar panels.
It’s almost Halloween and things are looking a bit scary for the solar industry. The U.S. International Trade Commission (ITC), having decided earlier in the year that imports of solar panels manufactured overseas hurt domestic producers, will return to President Donald Trump with its recommended course of action. Industry groups are deeply concerned that the ITC will recommend protective tariffs which will decrease the overall growth of the industry. In a last minute attempt to sway the ITC’s decision, coalitions of businesses and public policy groups from a wide array of industries and perspectives are writing to the ITC urging restraint. The most recent came from the Business for Innovative Climate and Energy Policy (BICEP) network, a coalition of major companies advocating for stronger climate and clean energy policies.
BICEP is not the only group to send letters this week. A coalition of right-of-center groups, including the National Taxpayers Union, the American Legislative Exchange Council (ALEC), the Competitive Enterprise Institute, and R Street Institute also submitted a letter drawing historical parallels to other tariffs that had failed to protect domestic jobs in the past.
Read the full article at InsideSources.