Back to the BYU Cougars Newsfeed

Ramesh Ponnuru: America would shoot itself in the foot by restricting solar trade

Two companies that make solar panels are asking the government to protect them from foreign competition. They want the government to put taxes and a price floor on imports. Other companies are warning that these policies would raise prices and shrink the market, eliminating jobs for solar-panel installers, manufacturers of mounting equipment, and other parts of the larger solar industry. They say as many as 88,000 jobs are at risk.

Solar protectionism would thus fit in a long tradition of America shooting itself in the foot by restricting trade. In a new paper for the libertarian Cato Institute, trade lawyer Scott Lincicome reviews the dismal history.