In a call with reporters today, Energy Secretary Steven Chu said that the U.S. needs a comprehensive energy and climate change law to beat China and lead the cleantech industry.
He said China’s emergence as a green superpower couldn’t be ignored.
“The U.S. should sit up and take notice,” Chu told reporters.
A climate change law would bring long-term certainty and “help U.S. [renewable energy] companies become more competitive,” he explained. It would also ensure that more capital flows into the sector. Read More »