41. “The United States is strongly committed to the IPCC process of international cooperation on global climate change. We consider it vital that the community of nations be drawn together in an orderly, disciplined, rational way to review the history of our global environment, to assess the potential for future climate change, and to develop effective programs. The state of the science, the social and economic impacts, and the appropriate strategies all are crucial components to a global resolution. The stakes here are very high; the consequences, very significant.” – President H.W. Bush on February 5th, 1990
Tariff Update. Trump had a trade talk dinner with China over the weekend and the two Countries have come out with a momentary pause to the trade war escalation, waiting to increase the tariffs from 10% to 25% while talks continue. For solar this would have larger impacted the raw material increases which could have trickled up to the end product costs that you pay every day for your projects.
Trickle Up. David Roberts from Vox uses comparison to economic theory to highlight the future potential of a grid centered around distributed generation instead of central power plants. This flows with the goals of the solar market and also plays into the future where electric vehicles are the default condition in the auto market. Good to see this in the mainstream media.
- Vox – Clean energy technologies threaten to overwhelm the grid. Here’s how it can adapt.
- CNBC – US will hold off on raising China tariffs to 25% as Trump and Xi agree to a 90-day trade truce
- PV-Tech – SMA Solar lowers 2018 sales guidance again and loses market share to rival SolarEdge
- Forbes – What Is The National Climate Assessment And Where Did It Come From?
- Renew Economy – Why coal – and not renewables – is root cause of surging Australia power prices
- Grist – We broke down what climate change will do, region by region
- New York Times – Solar Mini-Grids Give Nigeria a Power Boost
Opinion
Have a great day!
Yann