How China Beat the U.S. and Became the New Green Tech Giant
By Elizabeth M. Lynch, founder of China Law & Policy
First Posted on Foreign Policy Digest
Solar panel installers in China
China no longer needs to worry about the U.S. as a serious green technology competitor because the U.S. just left the race. After a year-long impasse, Senate majority leader Harry Reid confirmed on July 22, 2010 that the Democrats would not be able to secure enough votes to pass the American Clean Energy and Security Act and, thus, would abandon any further efforts to do so.
But, in today’s globalized economy, rising powers like China are willing and readily able to capitalize on America’s missed opportunities. The climate change bill would have provided a coherent U.S. energy policy, directed investment to green technology and created much-needed American jobs. Read More »
