Protectionist Trade Policies Are Threatening the Progress of Renewable Energy ...Middle East

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Protectionist Trade Policies Are Threatening the Progress of Renewable Energy
source : OILPRICE ( Middle East ) () 32
A combination of unfavorable economic conditions and protectionist trade policies are threatening the progress of the renewable energy revolution. Profit margins for wind and solar energy have become discouragingly tight as inflation has soared, and policies limiting the import of cheap Chinese infrastructure are making them even tighter. The timing of this trend is particularly problematic as the window is closing for global governments to get serious about curbing emissions by midcentury.  At last year’s COP27 UN climate…

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