{"id":1988423,"date":"2023-08-02T05:10:02","date_gmt":"2023-08-02T09:10:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/liberal-billionaire-who-made-a-killing-on-chinese-solar-panels-wants-biden-to-dump-chinese-solar-tariffs\/"},"modified":"2023-08-02T05:12:46","modified_gmt":"2023-08-02T09:12:46","slug":"liberal-billionaire-who-made-a-killing-on-chinese-solar-panels-wants-biden-to-dump-chinese-solar-tariffs","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/liberal-billionaire-who-made-a-killing-on-chinese-solar-panels-wants-biden-to-dump-chinese-solar-tariffs\/","title":{"rendered":"Liberal billionaire urges Biden to remove Chinese solar tariffs after profiting from them."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fliberal-billionaire-who-made-a-killing-on-chinese-solar-panels-wants-biden-to-dump-chinese-solar-tariffs%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1988423&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><section id=\"article\">\n<article data-post-title=\"Liberal Billionaire Who Made a Killing on Chinese Solar Panels Wants Biden To Dump Chinese Solar Tariffs\" data-post-slug=\"http:\/\/californias-homelessness-policy-is-a-disaster-biden-wants-to-replicate-it\" data-post-url id=\"print-1774392\">\n<div>\n<p><h2>John Arnold: A Liberal Billionaire Making \u2064Waves in \u2064the Solar Energy Industry<\/h2>\n<\/p>\n<figure><figcaption>\n<p>          \u200d       Liberal billionaire \u2064John Arnold (Twitter)<br \/>\n  \u2062<br \/>\n        <\/figcaption><\/figure>\n<\/p><\/div>\n<div>\n<p>The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/u-s-solar-industry-jobs-rose-9-in-2021-mainly-in-installation\/\" title=\"U.S. solar industry jobs rose 9% in 2021, mainly in installation\">solar energy industry<\/a> has seen tremendous growth, and one \u200bperson \u200dwho has profited greatly from it \u2063is \u200dliberal billionaire John Arnold. As a former Enron executive, Arnold has\u2062 made a name for himself by importing solar panels from China and selling them in the United States. Now, he is advocating for the Biden \u200cadministration to remove tariffs on these panels, which \u2063were implemented during the Obama era and\u2064 have \u2062increased their prices.<\/p>\n<p>In a recent tweet, \u2063Arnold \u2064expressed his concerns \u200cabout the rising cost\u200b of \u200bsolar energy and suggested several \u2062measures to\u200d address the issue. These include removing \u200btariffs on solar panels,\u2064 addressing \u200cdevelopment hurdles, \u200beasing permitting, and allocating \u2063more resources to fast-track interconnection studies. According to Arnold, \u2062acknowledging the \u200cproblem is the first step towards finding a\u200c solution.<\/p>\n<p>With a\u2062 net \u2064worth of \u200d$3.3 billion, \u200cArnold has become a prominent \u200dDemocratic donor. Through his\u2062 philanthropy organization, Arnold Ventures, he aims to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-reigns-supreme-as-2024-hopefuls-try-to-make-their-case-to-conservatives\/\" title=\"2024 hopefuls vie for conservatives' support as Trump remains dominant.\">tackle pressing issues<\/a>\u2062 in the\u2063 United States.\u2063 One of his notable \u2064contributions was nearly $40 million towards New York bail reform.<\/p>\n<p>It&#8217;s worth\u2064 noting that Arnold&#8217;s company, Centaurus Renewable Energy, imported\u2062 over 1,000\u2063 tons\u2063 of solar panels directly \u200bfrom China in May 2016. This move raised eyebrows as\u2064 it was discovered that a Chinese company had previously circumvented solar \u200dtariffs by shipping products\u200c to \u200dSoutheast Asia for \u200bfinal assembly before delivering \u200cthem\u200b to the United States. Although President Joe Biden imposed a pause on solar import duties from Southeast Asia,\u200c the tariffs on China remain intact.<\/p>\n<p>Arnold&#8217;s close ties to Democratic strategist John Podesta, who oversees \u2064the $369 billion green \u200cenergy slush\u200d fund \u200dauthorized by Biden&#8217;s Inflation Reduction Act, have also \u2064raised questions. The\u200b billionaire has \u2062made significant contributions to the Center for American Progress,\u2064 a liberal think tank founded by Podesta.<\/p>\n<p>Furthermore, Arnold\u2064 and other \u200b<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/perspective-stop-whining-plebs-the-dc-elite-are-also-suffering\/\" title=\"Perspective: Stop Whining, Plebs, the DC \u00c9lite Are Also Suffering\">left-wing billionaires<\/a> have benefited from the\u2062 green energy slush fund controlled by Podesta. For instance, \u200bArnold&#8217;s investment in Ioneer, a\u200d mining \u200ccompany, saw a 33 percent\u200d increase in stock \u2064price\u2064 after winning a $700 million loan from the Biden administration to \u2064build a lithium mine in Nevada. Additionally,\u2063 Arnold \u200ccommitted &#8220;several hundred million\u200b dollars&#8221; \u200cto Grid United, a startup focused on developing infrastructure\u2063 for transmitting energy from solar \u200cand wind farms to coastal population centers. Grid United \u200dcould potentially receive a portion of the $760 million earmarked by the Inflation Reduction\u200c Act for power line\u2063 developers.<\/p>\n<p>Despite these developments, Arnold has chosen not to comment on the matter.<\/p>\n<\/p><\/div>\n<\/article>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>promote his liberal agenda, John Arnold has generously donated millions to the New Venture Fund and Center for American Progress. This billionaire, known for his involvement with Enron, has successfully sold solar energy farms by importing Chinese solar panels. His recent contributions aim to further his liberal causes.<\/p>\n","protected":false},"author":108,"featured_media":1988424,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[544],"tags":[],"class_list":["post-1988423","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-free-beacon"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1988423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/108"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1988423"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1988423\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1988424"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1988423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1988423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1988423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}