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Facepalm alert ! EC puts special tax on Chinese solar panels




Radix

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Yawn!

Am I alive yet?
 

Ribeye

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Same story as the garlic,

It's just protectionism on behalf of the French and German solar panel farmers,

And who has to pay,

Yep, it's you again EU subjects,
 

Nemesiscorporation

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Last edited:

myksav

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Feck 'em, we burn oil and gas for power. Who needs their stinking solar panels?
 

R3volution_R3ady

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Actually the Chinese are dumping them into the EU market at below cost to manufacture in China, so as to kill competition from Europe.
If the Chinese make them better and sell them cheaper then whats the problem?
 

Telemachus

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I know a Spanish lad with a factory in China who makes them.

He wont be happy.
 

tipp revolution

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Feck 'em, we burn oil and gas for power. Who needs their stinking solar panels?
Two days sun and its nothin but threads about solar panels.

Ps the eu is doomed. Ireland should concentrate its planning for independent money making ventures agriculture and marine /tourism /renewable energy /ocean resources / r and d/education
Vive la revolution!
 

Nemesiscorporation

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I know a Spanish lad with a factory in China who makes them.

He wont be happy.
Tell him to put his factory in Europe and he will not have the problem.

He exported European jobs, so I have no sympathy for him at all.

Apart from that, can you get a good price including delivery to Donegal :)
 

Pat Gill

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If the Chinese make them better and sell them cheaper then whats the problem?
But they dont make them better and the cheap pricing arises from corner cutting, several thousand PV panels sourced from China for major PV farms in southern Europe are literally falling apart after just two years.

Here's a clue for the logically challenged libertarian, PV panels need glass, how can a complete panel be sold cheaper than a pane of glass of the same size.

Don't give up the day job whatever it is, but I hope its not a buyer.
 

ibis

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You could not make this stuff up:

EC announces Chinese solar panels tariffs - RTÉ News

Yet as we well know state subsidies for green issues is prevalent across the Western World. ..

cYp
It's an anti-dumping tariff to prevent Chinese panels being dumped on the market below cost price:

The European Commission today decided to impose provisional anti-dumping duties on imports of solar panels and key components (i.e. cells and wafers) from China. An investigation found that a Chinese solar panel is sold to Europe far below its normal market value. The duties will be imposed to alleviate the harm that is caused to the European industry by this unfair trade practice, dumping.

Whereas the dumping rate is at 88% on average, the anti-dumping duties imposed will only be set at an average of 47.6%, which is required to remove the harm caused by the dumping to the European industry. In addition, a transitional period of two months with a reduced duty level of 11.8% will be introduced as of 6 June. The duty will have to be paid as an “ad valorem” duty; in other words, as a percentage of the import value. It is provisional and imposed in total for a period of maximum six months.
Yes, the EU has a duty to encourage alternative energy, but not at the cost of allowing the Chinese to temporarily flood the single market with below-cost panels until they drive European solar panel makers out of the business and have a clear field. That's what 'dumping' is for - it's a weapon of business warfare, and your facepalm is perhaps better employed elsewhere.
 

R3volution_R3ady

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The problem is they are being subsidised to make them cheaper.
And what will tariffs do? It'll make us poorer.

But they dont make them better and the cheap pricing arises from corner cutting, several thousand PV panels sourced from China for major PV farms in southern Europe are literally falling apart after just two years.

Here's a clue for the logically challenged libertarian, PV panels need glass, how can a complete panel be sold cheaper than a pane of glass of the same size.

Don't give up the day job whatever it is, but I hope its not a buyer.
The market decides whether they're good enough or not. In a trade, both parties mutually benefit. If not, the trade wouldn't take place and yet we're being told, by this tax, that we're to spend more money on a more expensive product. Why?
It's nothing about wrapping themselves in a cloak of nationalism. All the protectionists want is to impose their tariffs on us. All they do is cripple and impose severe losses on us, the consumers. Tariffs hurt us. You and I. The only people that benefit are the privileged, subsidised few at our expense. If we buy bananas from Zog and the protectionists come in and say we need to tax Zog bananas, the only thing they're doing is stopping the Irish consumer from enjoying a higher standard of living by buying cheaper products. The government prohibit this by forcing us to buy higher-priced bananas which we've already rejected. Where is the sense in it? Inefficiant companies are trying to deprive us of buying the products we want so that we'll have to buy from the inefficient companies. Can you not see that the Irish consumer is being plundered?

If tariffs and restriction are good for a country, then how about we follow that logic through to it's conclusion? Why just countries? Why not provinces? Counties? I know where that would get you....a fast train to total misery. It's preposterous. But nationalist rhetoric has been able to obscure this vital fact. Different countries specialise in different things. That's the reason we trade. Now if only we didn't have the EU directing traffic and conjuring up tariffs, barriers and taxes we might actually have a few Chinese bob to trade with them.

Trade makes us richer, not poorer. Taxes and tariffs only enrich the protectionists, not you and I.
 

ibis

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Trade makes us richer, not poorer. Taxes and tariffs only enrich the protectionists, not you and I.
Like so many things, that's only true up to a point. Like many market believers, you've taken it beyond that point. Dumping isn't normal trade, it's an attempt to capture a market, and the market, by itself, cannot deal with it.
 

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