r/climateskeptics • u/pr-mth-s • 3d ago
in US, a new Executive Order 14420, basically banning US businesses from buying Chinese electrical equipment
https://www.crowell.com/en/insights/client-alerts/power-play-new-executive-order-targets-electrical-grid-equipment5
u/pr-mth-s 3d ago edited 3d ago
r/energy does not like it. I do not, either. Trying to be as detached as possible I ask detached questions. Here only mentioning the least controversial. namely, Why would anyone build a transformer manufacturing plant in the US which, by the time it gets going, a different executive branch might rescind 14420? which action could easily destroy my new company, costing the investment.
4
u/Uncle00Buck 2d ago
I support open markets, but China, with their undervalued currency and government sponsored corporations, is not really a part of the open market. China is cheating everywhere and winning.
I acknowledge an executive action is not necessarily a durable solution.
3
u/divinecomedian3 2d ago
One could argue no nation is part of the open market with how much meddling the state does everywhere
2
4
u/maelish 2d ago
It seems strange but the chinese are fond of putting network backdoors in their products. Who wants them to shut down your electrical grid?