Energy Industry

We're seeing a real push toward deregulation of all kinds, but particularly in the energy industry, particularly in oil and gas.

For solar, a trade war is going to play out differently than other industries. Unlike in other industries where you would see a lot of trade move around, I think [solar] companies will suck it up and pay the tariffs. Gross explains that China’s growth is driven by the country’s own solar manufacturing, climbing energy needs, ambitious plans addressing climate change, and pollution problems. China has a growing power demand to serve. China also has horrendous local air pollution problems. I don’t want to belittle their climate commitment, but it’s easier for them to build up their renewable energy industry when they are also helping with a more tangible problem.