03/25/2010 - China is emerging as the world's clean-energy powerhouse, according to a new study by The Pew Charitable Trusts.
Last year, China spent more than any other major country on clean energy, including wind and solar, toppling the U.S. from the top spot for the first time in five years, the Pew report says. The U.S. is also on the verge of losing the top spot in terms of installed renewable energy to China.
Unless U.S. policies change to encourage more investment, the U.S. could miss its chance to lead the expanding clean-energy industry, says Phyllis Cuttino, project director at Pew. The USA's entrepreneurial tradition and strengths in innovation give it the potential to recoup leadership, the Pew report says.
Read the entire article China Tops USA in Spending on Clean Energy on the USA Today's Web site.