Wednesday, April 7, 2010 as of 11:14 AM ET
The Obama administration moved Wednesday to impose stiff new tariffs on wind-energy towers made in China, the latest strike in an escalating trade war over clean energy.
The Commerce Department said in a preliminary decision that Chinese companies have received government subsidies on steel wind towers ranging from about 14 percent to 26 percent. The decision could result in tariffs of those amounts being imposed on about a dozen Chinese companies that export large steel towers used in U.S. wind farms.The decision follows a Commerce Department decision earlier this month to impose tariffs averaging about 31 percent on solar cells and panels imported from China.China has called the U.S. action on solar equipment unfair and warned that U.S. tariffs could hurt efforts to promote clean energy. Four U.S. wind tower manufacturers complained in December that Chinese-subsidized rivals were harming their business. Members of the Wind Tower Trade Coalition — Illinois-based Broadwind Towers Inc., ...
Reaction to plans for Canada exporting oil to China
TITLE: "Swiss Bank Account"LENGTH: 30 seconds.AIRING: In the battleground states of Virginia, Ohio and Iowa.KEY IMAGES: The ad opens with the words, "Over the top, e...
'Truth Team' refutes pro-Romney ads
Florida congressman on future of space program
Melanie Hart discusses the competition between the U.S. and China
Melanie Hart discusses the competition between the U.S. and China
Maggie L. Fox of Al Gore's Climate Reality Project talks with Alan about their efforts to combat climate change.
Report: Stimulus funds creating jobs overseas
The standoff in the South China Sea between the naval forces of the Philippines and China is in danger of escalating, as the U.S. continues to watch anxiously.China ...
Takes aim at American companies as tensions flare
America's largest solar panel manufacturer is laying off 2,000 workers and closing factories in response to waning demand and increased competition from China.First ...
Alan talks with Obama's former 'Green Jobs' czar Van Jones about his fight for clean energy.
The Obama administration moved Thursday to impose stiff new tariffs on solar panels made in China, finding that Chinese companies are improperly flooding the U.S. ma...
China's leaders are finding it's a lot tougher to create a world-beating electric car industry than they hoped.In 2009, they announced bold plans to cash in on deman...
For years, the International Panel on Climate Change (IPCC) has demanded that the U.S. and other industrialized countries cut carbon emissions to 20% of 1990 levels ...
President pledges disaster aid and talks domestic oil
Washington slaps tariffs on solar panels
A $1 billion solar energy project that lost a federal loan in the wake of the Solyndra bankruptcy and related investigations is back on track to nearly double the nu...
One of the reasons the unemployment rate has been stuck above 8 percent for years is because the Obama administration is actively blocking the private sector from cr...
This material may not be published, broadcast, rewritten, or redistributed. ©2012 FOX News Network, LLC. All rights reserved. All market data delayed 20 minutes.
