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A U.S. Startup's 15-Year Struggle to Survive China's Solar Grip - The Wall Street Journal

The Wall Street Journal · last updated

A 15-Year Startup Pins Hopes on Green Subsidies - WSJ

For 15 years, U.S. startup CubicPV has tried and failed to build a solar-component factory. Now, it thinks massive green subsidies will help it finally get a foothold in a market dominated by China.

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Related Knowledge Center: Climate diplomacy

State of Play

Talks are well underway in preparation for the next major international meeting on climate change, 28th Conference of the Parties (COP28), scheduled to begin Nov. 30 in the United Arab Emirates. 

Much like last year’s COP27, finances — specifically, aid to developing nations — will be at the center of conference deliberations.

The conference faces an even greater sense of urgency brought on by the Sept. 8, 2023, release of the first global stocktake, which calls for accelerated action to meet the goals set in the 2015 Paris Climate Agreement (COP21). 

Climate diplomacy: COP 27 | Climate diplomacy: COP 28 | Climate diplomacy: COP 29

 

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