[Updated] Will a Greening China Leave America in the Dust? Now They Have

[Updated] Will a Greening China Leave America in the Dust? Now They Have

The way it is looking right now it sometimes seems like China is going to leave the US in the dust in the post fossil energy economy. Recent signs point to an increasingly green thinking China that is getting serious about greening its economy and making it much more energy efficient and one has a serious long term plan (and potential) to green its economy. Its wind and solar sectors are growing at a breakneck pace and are poised to continue doing so and within a few years — if this growth rate continues — will propel China into a world leading position in solar and wind energy production. In updated news the Pew Charitable Trusts has reported that China is now spending almost twice as much as the US is on investments in investments in clean renewable energy. Last year (2009) U.S. clean energy investments reached $18.6 billion, while China invested $34.6 billion in their clean tech energy.