How Trump's Tariffs Hit US Solar, One Year On
The Energy Gang - A podcast by Wood Mackenzie
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It’s been one year since the Trump White House slapped 30 percent tariffs on solar cells and modules imported into the US. What happened since? The solar industry said tariffs would destroy tens of thousands of jobs and set the market back years. Turns out, the market is a lot more resilient than presumed. We now have the jobs numbers and installation data for 2018 — and yes, the tariffs definitely hurt solar, but not nearly as much as expected. We’ll take stock of how tariffs shaped America’s solar market over the last year, both bad and good. Then, Shell continues its distributed-energy acquisition spree. The oil giant just scooped up German battery services company sonnen — one month after buying EV charging firm Greenlots in January. What’s the end game? We’ll end with a Trump Administration plan to freeze lighting standards. Is this Trump’s vendetta against hipster bars using globe lights and Edison bulbs? We’re doing a live show at the MIT Energy Conference on April 4 in Cambridge, Massachusetts. Follow this link and use the promo code “energygang,” and we’ll give you a 10% discount on your ticket. Come join us for a fun live show on the energy picture in 2040. Recommended reading:GTM: New Tariffs to Curb US Solar Installations by 11% Through 2022GTM: US Solar Job Numbers Decline for the Second Consecutive YearGTM: Oil Supermajor Shell Acquires Sonnen for Home Battery ExpansionACEEE: Rollback of Light Bulb Standards Would Cost Consumers BillionsSupport for this podcast comes from Dandelion Energy, the leading home geothermal company. Dandelion is making it easier for homeowners to get geothermal. Customers who switch to geothermal heating save on average $2,250 per year. See if your home qualifies. We're also brought to you by Wunder Capital. Wunder Capital is the leading commercial solar financing company in the United States. Listen to our special podcast episode on careers produced in partnership with Wunder. Subscribe to The Energy Gang podcast via Apple Podcasts, Spotify, Google Podcasts, Stitcher or wherever you find your audio content.