China Tariffs Slow ‘Green Transition’

The largest US renewables developer has warned President Joe Biden not to impose more trade tariffs on Chinese clean energy technologies, saying it risks slowing the green transition.

Rebecca Kujawa, chief executive of NextEra Energy Resources, told the Financial Times that tariffs were raising costs for consumers and making it “more difficult” to accomplish the country’s clean energy goals.

“It adds to the level of uncertainty,” said Kujawa.

“Any uncertainties in the development process can definitely create higher costs for customers and make it more difficult to get some of the clean energy goals that the Biden administration has over the finish line.”