U.S. falling behind in clean-energy race: Chu
By Harriet McLeod in Reuters, November 30 2009
The United States is falling behind in the race for clean, renewable energy and risks losing its prominence in high-tech manufacturing, U.S. Energy Secretary Steven Chu said on Monday.
"America has the opportunity to lead the world in a new industrial revolution," Chu told business leaders, political leaders and engineers at a Clemson University symposium.
But, he said, "The world is passing us by. We are falling behind in the clean energy race. ... China is spending $9 billion a month on clean energy ... China has now passed the United States and Europe in high-tech manufacturing. There is no reason the United States should cede high-tech manufacturing to anyone."