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I wonder what the price difference would be if:
- the Chinese didn't work for slave wages?
- the Chinese weren't giving away huge subsidies, to corner the market?
One man's slave wages is another man's chance to escape poverty. They have 1.3 billion, we have .3 billion. They are young and industrious. We are privileged and entitled.
How much has the US government subsidized solar? Well, billions.
And so central planning fails again, and again, and again, and again. But it sure will be better with the centrally planned monetary (and in the absence of a working Congress - also fiscal) policy. Because this time it really will be different.
So...why are we wasting taxpayer money on this? Let China spend the money on R&D and develop the manufacturing processes. Once they do so, we copy the technology and crank out comparable products without all that investment. With minimal investment to recoup, our products should be comparable or cheaper. China has been doing this with our products for decades. China doesn't respect US patents, why would we recognize theirs?
Still, a casualty of the current solar technology shake out.
As a former solar investor, I can tell you this, this has more to do with China dumping solar panels then DOE making bad loans. Chinese are brutalizing that market, and when it shakes out, probably will control a majority of it.
China is the real problem in this story, and everyone is ignoring them (except Trump I'm sure).
Completely separate issues. Private investors do their research, and would have known/guessed/predicted that China would do this. The DOE, in not knowing, is once again throwing our money away for a pipedream. If this was such a great thing, those companies wouldn't need govt money.
Next time you need a solar panel buy American. They are only five times more expensive.
So we pay at the sales office and then pay at the tax office (twice no less).
This energy source doesn't seem to be a commercially viable product...unless of course the manufacturers have huge financial backing of a pipe dream at taxpayer expense.
The future does not contain energy sources like they have in 'Futurama' folks! It's a cartoon.
Still, a casualty of the current solar technology shake out.
As a former solar investor, I can tell you this, this has more to do with China dumping solar panels then DOE making bad loans. Chinese are brutalizing that market, and when it shakes out, probably will control a majority of it.
China is the real problem in this story, and everyone is ignoring them (except Trump I'm sure).
Please explain why EVERY "investment" went to obomba supporters?
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