China Tops US in Spending on Clean Energy

Publication: China Daily


03/25/2010 - China beat the United States for the first time last year in investments in low-carbon energy like wind and solar power, according to a report by the Pew Charitable Trusts released on Thursday.

In 2009 China invested $34.6 billion in the clean energy economy while the United States invested $18.6 billion and came in second place, according to the report called, "Who's Winning the Clean Energy Race?"

Phyllis Cuttino, director of Pew Environment Group's US Global Warming Campaign, said the United States lacks strong national policies to support renewable energy.

"I'm worried that we are going to fall further down the list next year," she said. "We really need to pass policy."

Read the entire article China Tops US in Spending on Clean Energy on China Daily's Web site.

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