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Eu Said To Plan Duties Up To 67.9% On China Solar Panels

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The European Union is planning to impose tariffs of as much as 67.9 percent on solar panels from China to counter unfair pricing in the largest EU trade dispute of its kind, according to a commerce official from the bloc.

The European Commission expects to introduce the levies by June 6 to punish Chinese solar manufacturers for selling panels in the 27-nation EU below cost, a practice known as dumping, the official said yesterday on the condition of anonymity. The commission in Brussels is the EU’s trade authority.

The duties, which will affect more than 100 Chinese companies and average 47.6 percent, will be the preliminary outcome of a dumping inquiry that the commission opened in September, said the official. The probe is due to end in early December, by which time EU governments must decide whether to impose “definitive” anti-dumping duties for five years.

The dumping investigation covers 21 billion euros ($27.6 billion) of EU imports in 2011 of crystalline silicon photovoltaic panels, and cells and wafers used in them. European companies including Solarworld AG (SWV), Germany’s largest maker of the renewable-energy technology, are demanding punitive levies to counter growing competition from China following similar U.S. trade protection. Europe accounts for around more than half of the global photovoltaic market.

China Reaction

China strongly opposes any limits and will try to protect the interests of Chinese solar companies, Yao Jian, a spokesman at the nation’s Ministry of Commerce, said today at a briefing in Beijing. Dialogue is needed to resolve the dispute, Yao said.

Chinese solar companies fell, led by Solargiga Energy Holdings Ltd. (757) and GCL-Poly Energy Holdings Ltd. (3800) Solargiga dipped 1.2 percent to HK$0.43 at 11:51 a.m. local time in Hong Kong trading after earlier declining as much as 5.8 percent, the most intraday since April 11. GCL-Poly, the biggest maker of polysilicon used in solar panels, dropped as much as 3.7 percent.

The EU is also threatening to impose a separate set of duties on Chinese solar panels to counter alleged subsidies. That’s the focus of a second investigation in which the deadline for introducing any provisional anti-subsidy duties is Aug. 8 and for any definitive anti-subsidy measures is early December.

Chinese companies have gained more than 80 percent of the market in Europe for solar goods compared with almost zero in 2004, EU ProSun, a group that represents European producers including Solarworld, said in September when the commission opened the dumping investigation. EU ProSun requested the dumping and subsidy inquiries.

Below cost... meaning at market value?

Yeah, worry yourself sick about 'global warming' and energy costs, but screw you for trying to get a deal and be less dependent on the superstate for energy.

I'm no fan of politicians, but the sooner the UK parliament elects a lot more Farage types and get us further away from these eurocrats the better.

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There it is again folks, the eu does not benefit the man on the street, it benefits politicians bankers pharma big business etc. Politicians do not represent us, so what is the point in voting for them. When the labour party made decisions on drugs they didn't go by what scientists said.

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There it is again folks, the eu does not benefit the man on the street, it benefits politicians bankers pharma big business etc. Politicians do not represent us, so what is the point in voting for them. When the labour party made decisions on drugs they didn't go by what scientists said.

Bloody EU coming over here saving our jobs

http://www.sunsolarenergy.co.uk

http://www.gb-sol.co.uk/news/

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Below cost... meaning at market value?

Yeah, worry yourself sick about 'global warming' and energy costs, but screw you for trying to get a deal and be less dependent on the superstate for energy.

I'm no fan of politicians, but the sooner the UK parliament elects a lot more Farage types and get us further away from these eurocrats the better.

Huh, surely the use of solar panels is good for the environment?

Oh yeah, but big business getting its pockets line is far far more important.

Sooner we leave the EU we can go green, another good reason to tell em to get stuffed.

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Bloody EU coming over here saving our jobs

http://www.sunsolarenergy.co.uk

http://www.gb-sol.co.uk/news/

And what of the extra money we spend on needlessly expensive solar panels, extending the already ludicrously long pay-back on solar energy?

Cheap solar is the one thing we could really, really do with. It makes absolutely no sense to have high tariffs on PV in the north - it undoubtedly costs more in jobs than it pays.

If anything, those tariffs are about protecting the profits of the energy giants by making small scale solar untenable - not creating jobs.

You need to take a more holistic view than that.

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And what of the extra money we spend on needlessly expensive solar panels, extending the already ludicrously long pay-back on solar energy?

Cheap solar is the one thing we could really, really do with. It makes absolutely no sense to have high tariffs on PV in the north - it undoubtedly costs more in jobs than it pays.

If anything, those tariffs are about protecting the profits of the energy giants by making small scale solar untenable - not creating jobs.

You need to take a more holistic view than that.

Seems reasonable, I will by Chinese from now on. Thanks, saved me a packet.

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They are dumping in Europe to keep their factories open and employed.

Europe doesn't need to manufacture anything. Just let the Chinese do it all. Like Henry Ford....one day we'll ask the question who can afford the Chinese tat etc as we'll all be unemployed and broke.

China plays the long game over many decades. The west looks at quarter by quarter. Interesting battle.....

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Seems reasonable, I will by Chinese from now on. Thanks, saved me a packet.

Hammer, sorry Nail is feeling a bit under the weather today, maybe next time.

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I'm no fan of politicians, but the sooner the UK parliament elects a lot more Farage types and get us further away from these eurocrats the better.

Good news cashinmattress, the UK public voted those Eurocrats OUT! :lol:

Edited by canbuywontbuy

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Huh, surely the use of solar panels is good for the environment?

Oh yeah, but big business getting its pockets line is far far more important.

Sooner we leave the EU we can go green, another good reason to tell em to get stuffed.

Yeah! Then we won't have to make anything coz china will give it us free. Bloody big business making us work for a living.

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This is an emotional issue because it involves renewable energy, which is clearly a good thing to aim for. But that's clouding the real issue.

When thinking about this kind of issue, I like to take the behaviour and apply the same reasoning to other situations, and in more extreme ways.

So China gives state subsidies to their renewable energy manufacturers, and sells into other markets at below the cost of production. Of course, if continued long enough, that makes the manufacturers of every other country go out of business.

But what if we apply that in other industries?

Steel. A country has no steel capacity, it can't build anything itself. No new glass towers, no heavy industry, no warships.

Farming. You buy price dumped goods, your farmers go out of business, you can't feed yourselves

India used to have a few near monopolies, such as in dyes and some rare earth's that China has crushed through just this kind of behaviour.

Free trade has to have some checks and balances. Blocking of dumping (and currency manipulation) prevents countries from unfairly creating monopolies.

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What's the quality of China PV like?

Although cheap energy actually helps an economy based fundamentally around cheap energy.

China leads the world in solar energy. Seriously.

As for the panels Chinese manufacturers export to us, I couldn't say. Very likely there's the usual distinction, where a more expensive one will (on the whole) be better in some way than a cheap one. Then the question becomes, is that relevant? One that generates something worthwhile even when it's pissing it down - worth having. One resilient against serious heat or cold - not relevant to Blighty.

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Steel. A country has no steel capacity, it can't build anything itself. No new glass towers, no heavy industry, no warships.

Farming. You buy price dumped goods, your farmers go out of business, you can't feed yourselves

Careful what you wish for.

If you impose tariffs on chinese steel for dumping, you should impose them on british steel for exactly the same reason. Everyone is selling below cost.

And agriculture is ridiculously subsidised.

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Did someone steal cashinmattress's mind?

When someone is conspicuous in their absence for a long time then turn up frothing at the mouth over an issue they deserve a merciless ribbing in true British tradition

british_bulldog_union_jack_wall_mural_2.

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Very, very funny. The internet does not forget. ;)

And you can turn round and say "I was wrong" or "I don't know anymore" but "WE'RE ALL DOOMED! WE'RE ALL DOOMED! WE'RE ALL DOOMED" is not an acceptable response.

Somewhere, cashinmattress is going to lose a free lunch and he's not happy. Some of us have learned not to wash our dirty laundry in public ;)

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What's the quality of China PV like?

Although cheap energy actually helps an economy based fundamentally around cheap energy.

As far as I am aware, the Chinese have a lot of expertise in solar, especially infrastructure projects. Their own installations haven't been hampered by politics and lobbying from energy companies.

Cyprus pins hopes on Australian solar technology to make shift away from oil

Chinese solar firm says policy instability holding back Australian investment

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This is an emotional issue because it involves renewable energy, which is clearly a good thing to aim for. But that's clouding the real issue.

When thinking about this kind of issue, I like to take the behaviour and apply the same reasoning to other situations, and in more extreme ways.

So China gives state subsidies to their renewable energy manufacturers, and sells into other markets at below the cost of production. Of course, if continued long enough, that makes the manufacturers of every other country go out of business.

But what if we apply that in other industries?

Steel. A country has no steel capacity, it can't build anything itself. No new glass towers, no heavy industry, no warships.

Farming. You buy price dumped goods, your farmers go out of business, you can't feed yourselves

India used to have a few near monopolies, such as in dyes and some rare earth's that China has crushed through just this kind of behaviour.

Free trade has to have some checks and balances. Blocking of dumping (and currency manipulation) prevents countries from unfairly creating monopolies.

Those industries are not remotely comparable.

I support trade barriers for the right reasons. "More jobs for us" is not a good reason (realise that's not what you are claiming).

Food is a consumable, steel a construction material. PV creates free energy. You buy it, it costs 5 years worth of energy, then you get 20 or 30 years of energy. They need replacing yes, but we have other energy sources that should/could be saved for emergencies.

It's not an emotive issue, and it doesn't cloud anything. Basic common sense.

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  • 239 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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