Tuesday, March 30, 2010
Should the U.S. compete or work with China on clean energy?
CAPTIONBy Pablo Martinez Monsivais, APU.S. entities (companies, universities, national labs) that receive DOE grants will need to match the funds with their own money, and China will put it an additional $75 million, bringing total funding to $150 million.
"By jointly developing new technologies and learning from China's experiences, we can create new export opportunities for American companies and ensure that we remain on the cutting edge of innovation," Chu said. "This partnership will also be a foundation for broader partnerships with China on cutting carbon pollution."
Is this the right approach? Should the United States be competing with China or working with it to develop clean energy technologies? Several recent studies show China as the world's new clean-energy powerhouse.
Also, it says China still faces "significant...pollution issues that could stand in the way of true clean-energy leadership," and while its government is making investments, "it still constricts the free flow of information."
President Obama and President Hu Jintao announced they would launch the new joint research center during Obama's trip to Beijing last November.