Chips get chopped as Europe suffers in US-China spat over semiconductors
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Audio 07:57 Chips with everything. Semiconductors are now crucial to virtually every sector of the global economy. AFP/File 27 min As the world struggles to stem the Covid-19 pandemic, leaving the global economy in tatters, the health crisis is set to bring further hardship. One side effect has already been the global penury of computer chips, a strategic shortage that is changing the dynamics of global politics. Advertising Read more
The shortage of chips has put the US and China against each other in a struggle for supplies. Europe is desperately trying to find a means of survival.
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Home Is solar manufacturing a highly automated business?
Is solar manufacturing a highly automated business?
Why the solar sector’s under appreciated dependence on cheap labour could be bad news for the global energy transition.
World Economy News
18 May 2021 • 5 min read
The big news in solar manufacturing for the last decade, if not more, has been the incredible cost reductions fuelled, to a large degree, by China’s dumping of cheap modules on the international market.
The price collapse, in turn, has transformed an unviable renewable source into one that can finally compete with carbon alternatives. All good news.
But now reports are emerging that some of these cost reductions may have been generated by something as unpalatable to ESG investors as a high carbon footprint: forced labour in the Xinjiang Uyghur Autonomous Region. In particular, a highly cited investigation by Sheffield University, has asserted that up