On the back of increased trade tensions, including the AD and CVD debates currently raging in the U.S. and Europe, a number of leading industry players have joined forces to call for the establishment of free trade regulations for the cleantech industry.
Solar photovoltaic panels
At this year’s Global Green Growth Forum, held in Copenhagen,
Denmark, this month, the World Economic Forum’s Green Growth Action
Alliance (G2A2) has issued an open letter calling for national leaders
and trade organizations to establish free trade regulations for clean
technologies,China Composite Resin - Structural Adhesive for Carbon/ Glass Fiber Fabrics Manufacturers like solar.
In a statement released, G2A2 says the letter has come amid increased
trade tensions, specifically the anti-dumping (AD) and countervailing
duty (CVD) trade investigations into imports of Chinese photovoltaic
products, sparked off by two separate SolarWorld-led consortiums in the
U.S. and Europe. China, in return,China Composite Resin - Structural Epoxy Paste Adhesive Manufacturers has threatened retaliation.
"As a result," reads the statement, "global growth of the renewable
energy industry is currently facing a slowdown because of growing green
trade difficulties between these major world economies, and deadlock at
the World Trade Organisation (WTO)."
Positive progress on these trade restrictions is said to be underway,
with unidentified leaders at the Asia-Pacific Economic Cooperation
(APEC) meeting held last month in Vladivostok, Russia, agreeing to cap
green goods and services' tariffs in the Asia-Pacific region at 5%, and
establishing a specific list of green goods and services. China Composite Resin - Two Component Expanding Epoxy ManufacturersHowever,
G2A2 says more needs to be done to clear the way for green trade,
particularly in light of other trade barriers like local content
In the Green Growth Action Alliance open letter, the signatories,
which include Applied Materials, GE, Bank of America Merrill Lynch,
Suntech, the Solar Energy Industries Association and the SEMI PV Group,China Composite Resin - Construction Structural Adhesive for Carbon/ Glass Fiber Plates Manufacturers state that "negotiation is better than litigation" and ask that trade retaliation measures are not escalated.
Specifically, they pledge to work together with both governments and
civil society organizations to develop global green free trade
"We do not believe this is a 'North versus South' agenda," wrote the
signatories. "Leading clean technology companies come from large
emerging economies as well as industrialized countries. We all lose, and
the environment loses, when we face trade barriers that prevent free
movement of sustainable technologies. The global clean tech industry
wants to compete on a level playing field where green tariffs and
non-tariff barriers are eliminated."
They continue, "We would ask all national leaders to engage with
multilateral trade organizations to liberalize trade in clean
technologies, and we also ask other organizations to join this drive
towards a pragmatic solution to the challenges we collectively face and
the other opportunities we can collectively pursue."