Biden Seeks to Bolster Solar Manufacturers With Tax and Trade Moves

News Snapshot:

The Biden administration is initiating a suite of policies it says will help foster a deeper domestic supply chain for solar panels, following pleas from US manufacturers confronting a surge of tariff-free imports. The measures announced Thursday include expanded tariffs, tax policy guidance that could boost demand for some US-made solar equipment and promises of heightened vigilance for signs of unfair trade. “We’re taking these new actions this week to support US clean energy industries to both make sure we’re doing our part to reduce emissions and to make sure our competition with China is actually fair," said John Podesta,...