www.huffingtonpost.com/robert-f-kennedy-jr/the-new-arms-race...
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protect_democracy since 82 days 12 minutes, published about 81 days 7 hours 16 minutes
Indeed, the Chinese are treating the energy technology competition if it were an arms race. China is spending as much or more on greentech as it does on its military, hundreds of billions of dollars annually on renewable energy and grid infrastructure improvements. Those investments, if not vigorously countered, will effectively erode America's greentech industry leadership and secure China's dominance. China's economic stimulus package, targeted 38% of spending on greentech, as compared to a miserly 12% of the U.S. stimulus program. By 2013, greentech will account for 15 percent of the Chinese GDP. While the United States is projected to roughly triple its wind generation by 2020, China will increase its capacity twelvefold to a wind generating capability more than twice that of America's. And, while the United States is projected to increase its installed solar generation a modest 33% by 2020, China's solar generation is projected to increase 20,000%.
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