“Sustainability” has become a buzzword. But what does “sustainability” really mean? One definition is that it requires a triple-E bottom line—economics, the environment and equity. However, this word sometimes is used to “green-wash” and promote things that are not sustainable. Genuine sustainability must be evidence-based. But language can be used to conceal rather than reveal.
Congressman Dennis Kucinich (D-OH) today defended American businesses in their efforts to compete with foreign competitors to produce green technologies such as solar panels and called for Congressional action on trade manipulation. That manipulation has allowed China to flood the domestic U.S. market with below-cost solar panels. After China dumped subsidized solar panels into the market, the price of solar panels fell below the manufacturing cost of American solar panels. That price drop put many businesses in financial distress, including some companies that had been supported with loans from the Department of Energy.