07 Oct '11, 8pm

Obama: "I'm Not Going to Surrender" Our Clean Energy Industry to Other Countries : TreeHugger via @TreeHugger

Earlier this week, Rep. Cliff Stearns said that the United States should give up trying to invest in its clean energy sector because "we can't compete with China to make solar panels and wind turbines." But there are plenty of people who think that we can -- and should -- be competing vigorously with other nations like China to establish a thriving clean domestic renewable energy industry. Barack Obama is one of them, as you can see above. Yes, labor costs are cheaper in China. Companies (thankfully) can't staff production facilities in the U.S. as cheaply as they can in China. But that's not the main reason that it's cheaper to produce things like solar panels and wind turbines in that nation -- it's because China heavily subsidizes its nascent clean energy industry, and offers huge incentives for companies to build those things on its soil. In fact, there's evidence that...

Full article: http://www.treehugger.com/files/2011/10/obama-not-surrend...

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