U.S. Behind in Drive for Clean Energy

China, South Korea and Japan are all investing teh equivalent of hundreds of billions of dollars in clean energy technologies, while the U.S. is debating a mere 1.2 billion in the Waxman-Markey bill.

1 minute read

July 29, 2009, 7:00 AM PDT

By Tim Halbur


"As Congress debates climate and energy legislation, Asian challengers are moving rapidly to win the clean-energy race. China alone is reportedly investing $440 billion to $660 billion in its clean-energy industries over 10 years. South Korea is investing a full 2 percent of its gross domestic product in a Green New Deal. And Japan is redoubling incentives for solar, aiming for a 20-fold expansion in installed solar energy by 2020."

Tuesday, July 28, 2009 in San Francisco Chronicle

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