WYOMING DEM CANDIDATE ACCUSES CHINA WIND
Wyo.'s Wendt blasts China green energy subsidies
Bob Moen, September 10, 2010 (AP via Bloomberg BusinessWeek)
"…In a speech…at the state AFL-CIO convention in Cheyenne, [Democratic U.S. House candidate David Wendt] is backing a petition by the United Steelworkers union asking the Obama administration to investigate possible unfair trading practices by China [that he says undercut the American clean power industry].
"The Steelworkers contend that China's central and provincial governments are giving Chinese companies unfair advantages over American firms through the use of government subsidies that are prohibited under global trade rules."
These prices are hard to beat, but that's what China's government intends. (click to enlarge)
"Wendt says the subsidies provide Chinese manufacturers of wind turbines, solar panels and other clean energy equipment with price advantages that could drive U.S. companies out of business…
"…[Wendt HAS] worked closely with the Chinese [large and growing manufacturing industry] for some 15 years on various energy related matters…While bringing down the cost of green energy is necessary to boosting clean energy production and use, Wendt said [it should be done fairly]…The Chinese subsidies will only skew the green power market and force competitors out of business…"
click to enlarge
"Under U.S. law, the Obama administration will have 45 days to decide whether to accept the petition and launch an investigation that could lead to cases being filed against China before the Geneva-based World Trade Organization.
"Wendt supports development of clean energy initiatives, including technology to find cleaner ways of burning coal. Wyoming is the nation's leading coal producer…[He] is seeking to unseat Republican Rep. Cynthia Lummis in November's general election…"
0 Comments:
Post a Comment
Note: Only a member of this blog may post a comment.
<< Home