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"Biden Extends Trump’s Solar Tariffs With Key Exemptions"

"President Biden announced today he would extend the Trump administration’s tariffs on solar imports for another four years, but with key exemptions that pleased developers and disappointed U.S. manufacturers.

In a presidential proclamation, Biden kept tariffs on solar panels made outside the U.S., saying they were still necessary to protect domestic producers.

That defied the wishes of the solar industry’s main trade group, which has long sought a repeal of the tariffs, arguing they would dampen growth.

Under the Biden administration’s vision for a carbon-free grid by 2035, solar would become the nation’s biggest power resource. The president gave a nod to the risk that tariffs could slow solar’s growth. “I have determined that an extension of this safeguard measure will provide greater economic and social benefits than costs,” he wrote in the proclamation."

David Iaconangelo reports E&E News February 4, 2022.

Source: E&E News, 02/07/2022