Tag: slave labor

Slave Labor Clouded Plunging U.S. Solar Market in 2022

Pennsylvania Daily Star Staff

U.S. solar panel installations plummeted in 2022 as lingering supply chain issues hindered the industry, although forecasters anticipate a bounceback and significant growth over the next decade, according to a joint report from the industry trade group Solar Energy Industries Association (SEIA) and research analytics firm Woods Mackenzie released Thursday.

The primary cause of the decline was a significant disruption in the solar panel supply chain caused by detentions of Chinese solar panel materials by U.S. Customs and Border Protection over concerns that the products were developed by the forced labor of Uighur muslims, according to the report. While 2022 was a “tough year” for solar, supply chain issues are expected to be resolved in 2023, leading to a 41% surge in installations, Michelle Davis, principal analyst at Wood Mackenzie and lead author of the report, said in a press release Thursday.

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Woke Funds in China and Europe Invest in Fossil Fuels and Slave Labor

Admin

Investment groups in China and Europe intended to promote climate-friendly and social justice-related causes are funneling money into fossil fuel projects and companies associated with slave labor, a Bloomberg investigation found Tuesday.

China’s allegedly climate-sustaining investments have ballooned in the past couple of years since the Chinese government claimed they align with Beijing’s political agenda to revitalize rural labor, raise the nation’s prosperity and achieve carbon-neutral status, Bloomberg reported. However, ESG investors have stretched the definition of “Environmental, Social and Governance” investing to encompass investments in coal companies and firms tied to human rights violations in the Xinjiang province.

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