Vitali: Solar tariff bad in many ways
This letter to the editor on President Donald Trump's solar panel tariff was published in the Philadelphia Inquirer on Jan. 26, 2018.
President Trump’s solar tariff is bad for the environment and bad for the economy. Climate change is the greatest long-term threat to the world. This tariff is another in a long list of actions he has taken to make this problem worse.
The tariff, announced Monday, will apply to all imported solar equipment for a four-year period. It is predicted that the tariff will increase solar installation costs by about 6 percent to 9 percent and reduce U.S. solar installations by 11 percent over the next five years. This is expected to translate into 23,000 lost solar jobs.
To make matters worse, the tariff is being imposed at the same time the federal investment tax credit – an important incentive for solar investment – is being phased down.