China leaving US behind in green energy
Though aspects of it may violate the WTO, China has a coherent industrial policy to capture global leadership, while US initiatives are fragmented. China recognized that the real economic development potential in renewable energy is in manufacturing, which comprises 70 -75 percent of the jobs in solar, and now has more than 100 solar companies that account for one-third of global solar component production. Full Story »
Posted by Kaizar Campwala - via AllTop, NewsRack (Energy)
In many ways China (and, increasingly, India) have the advantage when it comes to implementing new technologies. That advantage has to do with the fact that entrenched interests are unable to put up roadblocks to progress, and China's unique collaborative/ authoritarian model allows the leadership to make quick decisions and put them into practice--this cuts decades off the process that commonly prevails in more democratic nations, especially when it comes to making sea changes in national policy.