US Treasury Secretary Janet Yellen has specified renewable energy equipment, from solar panels to EVs and batteries, as core industries which China is seizing control of to the detriment of US producers. Yellen alleges that this is achieved through a system of unfair government subsidies and has stated that the US will not accept a flood of goods which are supposedly being produced “below cost”. Looking at the products which we at Rethink Energy cover – solar modules, batteries, EVs and so on – we have to say that the “below cost production” concept shouldn’t lead anyone to expect these products to rise in price. At most, there may be a slight upward correction as and when some of the…