What’s really behind the Biden regime’s sabotageing global adoption of Chinese solar equipment ?
“The reality is that the Biden is doing everything he can to sabotage the adoption of solar power across the globe”
Extreme heat in 2021 has broken the famous “Dust Bowl” record from 1936 for the hottest summer on record in the USA.
In 1936, the world observed a hot blob on a relatively cool planet. Today, we have a hot blob on a warm planet. The combination means for Canada and the USA, this is by far the hottest year on record. The extraordinary and mind-blowing climate change induced heatwaves which captured global attention played a crucial part in this mega drought. (Source: NASA)
Yet at the same time as US President Biden is making all sorts of vague declarations about the American plans to combat climate change, the reality is that the Biden is doing everything he can to sabotage the adoption of solar power across the globe.
US Drought – Source USDA
The Biden regime in May flagged that it would impose “sanctions” on China’s solar panels industry as part of its all out economic war China, under the excuse of “human rights abuses” in China’s Xinjiang. This has resulted in market instability as solar panel makers became concerned about the potential disruptions to global supply chains and manufactures hurried to build up silicon stock piles. This has significantly pushed up the price of solar panels by around 30-40%. Illegitimate US bans on Chinese solar businesses were imposed by the US shortly afterwards.
US sanctions against the Chinese solar manufacturing industry “are now casting a shadow over the solar industry” and “one of the world’s biggest sources of silicon”, according to Nikkei Asia.
Roughly 80% of global production of silicon used to make polycrystalline wafers for solar panels– which does not need to be as pure as the silicon used in semiconductors — is sourced in China, with about half of that in Xinjiang, the supposed target of the US regime’s sanctions.
Apart from increasing in production costs, the sanctions have resulted in Chinese panel makers prioritizing domestic supply, which has squeezed shipments to many other countries.
Sources:
- Nikkei Asia, July 4, 2021. https://asia.nikkei.com/Business/Energy/Xinjiang-labor-clouds-solar-sector-as-panel-prices-swell
- PV Magazine, June 24, 2021. https://www.pv-magazine.com/2021/06/24/first-reactions-to-bidens-us-ban-on-solar-imports-from-chinas-xinjiang-province/
- Renewable Energy World, July 7, 2021. https://www.renewableenergyworld.com/policy-regulation/digging-deeper-how-us-sanctions-on-chinese-pv-may-impact-the-market/
- CGTN, July 6, 2021. https://news.cgtn.com/news/2021-07-06/Latest-U-S-sanctions-against-Chinese-solar-manufacturers–11GguBd8jv2/index.html