The long-delayed anti-dumping investigation into Chinese solar panels is having the desired effect of disrupting the solar industry in Australia, whatever the outcome.
Desired that is by the fossil fuel giants and their fans in federal politics.
One sure way to kill a fledgling industry is to manufacture uncertainty. Such has been the case with government support in the solar power industry. The on again, off again support mechanisms and half-hearted policies in general seem designed to keep the solar sector in a semi-permanent state of uncertainty. This has the effect of killing off investments because of the inability to guarantee investors a future “level playing field”.
Of course this is a lucrative strategy if you happen to have a heavy investment in fossil fuels. [Read more…]