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President Biden's new "climate czar" John Kerry says laid off workers in the fossil fuels industry should be able to easily transfer their skill set into solar. He specifically said they can "make solar panels" instead of making the Keystone pipeline that Biden canceled on day two of his tenure in the White House. "What President Biden wants to do is make sure those folks have better choices, that they have alternatives, that they can be the people to go to work to make the solar panels," Kerry said.
Of the top 10 solar panel manufacturers in the world, 8 are Chinese. The only big U.S. player is Ohio-based First Solar FSLR +4.3%. They make the solar cells and modules that are turned into the solar panels you see in the southwest desert, on California hilltops and, increasingly, on American rooftops.South Korea's Hanwha Q-Cells manufactures here. As does Chinese firm Jinko Solar, now manufacturing in Jacksonville, Florida. They set up shop primarily due to anti-dumping and countervailing duties imposed on solar panels during the bygone Trump era. That helped Q-Cells and First Solar gain market here. Otherwise, it's all China imports. And if it is all China imports, then the only jobs on offer will be installer gigs, and the usual white collar professional services jobs of project planners, sales and engineering consultants.
Worked so well for Solyndra and SolarCity...