{"id":300598,"date":"2024-02-07T18:26:34","date_gmt":"2024-02-07T17:26:34","guid":{"rendered":"https:\/\/climatescience.press\/?p=300598"},"modified":"2024-02-07T18:26:37","modified_gmt":"2024-02-07T17:26:37","slug":"europe-wanted-cheap-solar-panels-now-china-is-about-to-totally-take-over-the-industry","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=300598","title":{"rendered":"Europe Wanted Cheap Solar Panels. Now China Is About To Totally Take Over The Industry"},"content":{"rendered":"\n
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From Daily Caller<\/a><\/p>\n\n\n

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NICK POPE<\/a><\/p>\n\n\n\n

CONTRIBUTOR<\/p>\n\n\n\n

Chinese manufacturers may soon cement their dominance over the European solar market if policymakers do not quickly step in to protect European firms, according to Politico.<\/p>\n\n\n\n

Europe has set aside billions of euros to massively increase its reliance on solar panels<\/a> to generate power, and the continent\u2019s rush to go green has resulted in increased dependency on cheaper Chinese products that benefit from Chinese subsidies, according<\/a> to Politico. That dependency has in turn severely undermined the few European businesses that specialize in producing solar products, and the European solar manufacturing base may effectively disappear within weeks if officials do not act decisively to support the industry.<\/p>\n\n\n\n

\u201cThe situation is really, really, really troublesome,\u201d Johan Lindahl, the secretary general of the European Solar Manufacturing Council (ESMC), told Politico. \u201cWe might lose a majority of the European industry in the next couple of months if there\u2019s no strong political signal.\u201d\u00a0(RELATED: Germany Went All In On The Green Transition. Now, Its Economy Is Crumbling)<\/a><\/strong><\/p>\n\n\n\n

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Is Europe on the brink of an economic meltdown? https:\/\/t.co\/dShHDMBzfU<\/a><\/p>— Daily Caller (@DailyCaller) March 27, 2023<\/a><\/blockquote>