Skip to comments.U.S. businesses not buying President Obama’s rhetoric on energy ‘race’ with China
Posted on 03/15/2011 10:41:23 AM PDT by Nachum
The U.S. has raced to control space exploration, nuclear arms and electronics. Since taking office, President Obama has introduced the idea that the U.S. is now battling China the worlds largest polluter in new race for world domination. A clean energy race.
The nation that leads in the creation of a clean-energy economy will be the nation that leads the 21st-century global economy, the president has said. Energy Secretary Steven Chu has repeated the message several times, creating a frenzy to go green, before China does.
If America really is in such a race, the Energy and Commerce Departments should talk.
According to Ernst & Youngs Renewable Energy Country Attractiveness Index, China ranks first among 30 countries on building renewable-energy infrastructure. In the fourth quarter of 2010, China invested more than $10 billion in its wind energy sector half the total global investment of just over $20 billion. The U.S. fell from first in May to fifth in November, because of its relatively low investment.
Consulting firm Accenture said in a January report on transportation technologies, Whoever wins the race to commercialize technology first may have unique advantages. These include intellectual property ownership and opportunities to provide jobs to their domestic population.
(Excerpt) Read more at dailycaller.com ...
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Ha ha ha....Accenture is worried about beating China to the Intellectual Property ownership. That’s HILARIOUS! (snort)
Another nonsensical Presidential statement whose central element "clean-energy economy", could be replaced with "unicorn kennel" and it would be just as provable and logical.
Sadly, with the tragedy in Japan, the liberals are planning to use it to quash any further nuclear development in this country. So the goals of less dependence on foreign oil and greater production at home are slipping away.
Obama and liberals miss the forest for the trees on energy. Windmills and solar panels are great, but, they will only make a small dent in the energy needs of our country.
He’s just pressing the all the right moonbat buttons. It worked for him last time. Why not in 2012?
Ha ha ha....Accenture is worried about beating China to the Intellectual Property ownership. Thats HILARIOUS! (snort)
Indeed! Since when has China ever respected intellectual property, lol!
You know, it’s more than passingly strange that America elects a POTUS and that person’s position on practically any issue, foreign or domestic, becomes primary with money, etc. thrown at it as if what the POTUS states is the truth of the matter. Thank God for Congress, when it works well.
I at least understand what a unicorn kernal is and what it looks like.
Double or triple a 1% “solution”!
(Nevermind that his envirowhacko friends continue to sue to stop Solar and Wind farms....)
This idiot stalls coal and oil growth, pretends on paper to promote nuclear, while placing it on permanent hold, and shouts Green! Green!, as though it is anymore than a wet dream.
The only possible outcome of his policies is the destruction of American business, industry, and our way of life.
I love freerepublic. Most people I know are apolitical or lefty. Only safe place to vent like this :D