SmartEnergy Designline Blog
In the race to be the leader in clean technology, the US is falling behind to China according to industry analysts.
I came across this interesting blog piece in the Wall Street Journal. In it, the author, Keith Johnson, wonders if America is falling behind China in the race to be the leader in clean technology. With China's massive investment into wind energy and the relative fledgling nature of the U.S. cleantech industry, many are wondering if China is building an insurmountable lead.
To me, this turn of events is very surprising, especially with the idea that China, a nation once publicly scorned for its poor environmental practices in the midst of their economic renaissance, could be the global standard for clean technology development. On the other hand, should we be surprised? Considering the aggressiveness of China to assert itself as an economic power, should we be the least surprised that an industry flagged as the 'future' of industry would be so heavily targeted by the Chinese?
What do you think?