Environment

U.S. Now Trails Both Germany and China in Clean Energy Investment

The IntersectionBy Chris MooneyMar 30, 2011 12:02 AM

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Via Joe Romm, I see that our nation's competitive disadvantage in clean energy investment is getting even more...disadvantageous. Each year, Pew does a report to survey this booming global industry. Last year, the report (covering developments in 2009) found that we'd slipped behind China, "the world's clean energy "superpower--but this year, the report (covering developments in 2010) finds that we're now also behind Germany, which is racing ahead in rooftop solar installations. Overall, China saw $ 54.4 billion in clean energy investment in 2010, Germany saw $ 41.2 billion in investment, and the U.S. saw $ 34 billion. Our unfavorable political and policy environment, of course, is a key factor in driving this outcome.

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