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Friday, November 1, 2024

Posey Legislation Passes Committee and Heads to the House Floor

Bill posey

Bill Posey | wikipedia

Bill Posey | wikipedia

Washington- On April 19, 2023, the House Ways and Means Committee advanced U.S. Representative Bill Posey’s (R-Florida) historic, bipartisan, bicameral legislation to support American solar manufacturers and workers and to hold the Chinese Communist Party (CCP) accountable for breaking our trade laws.

Specifically, Posey’s legislation (H.J. Res. 39) utilizes the Congressional Review Act to rescind a recent Commerce Department rule which their own preliminary investigation has found allowed CCP-owned and other foreign solar manufacturers to circumvent U.S. trade tariffs by delivering their products to the U.S. through third-party countries, all to the detriment of American companies and workers.

“The Communist Party of China, which is attempting to subvert the world trade system to benefit Chinese businesses and shift the balance of power to their advantage, must not be allowed to circumvent our trade laws, dump an inferior product into the United States, and undercut American manufacturing,” said Congressman Bill Posey.

“Unfortunately, some believe we must tolerate China’s bad actions and remain dependent on adversarial nations to build up domestic renewable energy.  That’s a false choice.  The United States can and should focus its resources into developing our own capability to manufacture quality solar products and boosting American competivness around the world, rather than supporting China’s quest to dominate the market and control energy supplies,”  Posey continued.

According to a recent study by Cornell University, reshoring solar panel production to the United States is better for the environment and air quality than importing solar panels China and other foreign sources. “We project that if the U.S. could fully bring c-Si PV panel manufacturing back home by 2035, the estimated greenhouse gas emissions and energy consumption would be 30% and 13% lower, respectively, than having relied on global imports in 2020, as solar power emerges as a major renewable energy source,” engineering researchers cite in their study.

I want to thank Chairman Smith and my colleagues for advancing this important bipartisan legislation,” said Posey.

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Original source can be found here.

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