May 22, 2012
The following video is part of our "Motley Fool Conversations" series, in which energy editor and analyst Joel South and consumer goods editor and analyst Austin Smith discuss topics across the investing world.
Solar energy can be purchased around grid parity, allowing the industry to make significant strides in market share. However, prices may be soaring in the near term as the United States has imposed a 31% anti-dumping tariff on Chinese solar-panel makers in an attempt to slow down Chinese imports that the U.S. Commerce Department has ruled are being sold significantly under production costs. While this move is intended to help U.S. solar manufacturers compete against foreign companies, it could have serious unintended consequences that could burn both foreign and domestic companies. Watch the video below to see if this tariff will remain for the long term, or if it's a political move to strong-arm the Chinese government.
With so much uncertainty in the solar sector due to huge tariffs being imposed on the Chinese solar market, this might be a time to find other energy sources for your portfolio. The Motley Fool's free report will detail an outstanding company that some consider to be "The Only Energy Stock You'll Ever Need." Don't miss out on this limited-time offer and your opportunity to discover this under-the-radar company before the market does. Click here to access your report -- it's totally free.