this post was submitted on 05 Apr 2024
1 points (100.0% liked)

World News

2304 readers
18 users here now

founded 4 years ago
MODERATORS
[email protected]
[email protected]
[email protected]
1
US, EU economic system struggling to 'survive' against China, US trade chief warns (www.euractiv.com)
submitted 7 months ago by [email protected] to c/[email protected]
16 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 0 points 7 months ago

Another aspect is that cheaper solar panels means cheaper energy: something that Europe is having trouble with right now.

Cheaper energy means lower costs to produce stuff - Making their economy more competitive not less. E.g. Certain foods need refrigeration. Factory equipment. Server farms. Offices have lighting and aircon etc.

If Europe allows their own solar panel industry to gouge themselves, the initial investment in solar will be more of a cost and they are going to have less future growth.