China vs U.S. in clean energy investing war

This is a war we want to encourage. China overtook the United States in renewable energy investments for the first time ever in 2009, attracting nearly twice as many dollars and becoming the world's largest market for clean energy projects. Renewable energy investments in China - mostly wind farms - totaled $34.6 billion in 2009, according to report released Thursday by the Pew Charitable Trusts and Bloomberg New Energy Finance. In the United States, $18.6 billion was spent. The report noted that over 700,000 clean energy jobs have been created in the Untied States since 1998, and with so much money being invested in the alternative energy market, this was likely just the beginning.

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