Is the U.S. Losing the Clean Tech Race?
Developing better and cheaper clean energy technology will be central to addressing climate change, securing U.S. energy independence and to the creation of new clean energy jobs. Increasingly, nations are seeking to gain competitive advantage in this rapidly growing, high-technology sector and the stakes for the U.S. are significant: will the U.S. largely be an importer of these clean technologies, and lose the jobs related to them, or can the U.S. emerge as a global leader, driving exports and high-wage jobs?
A report by the Information Technology and Innovation Foundation and the Breakthrough Institute, Rising Tigers, Sleeping Giant, is the first to thoroughly benchmark the clean energy competitiveness in four nations: China, Japan, South Korea and the United States. The report analyzes clean energy investments and policy support for research, manufacturing, and domestic demand, with a particular focus on six key technologies: wind, solar, nuclear, carbon capture and storage, hybrid and electric vehicles and advanced batteries, and high speed rail.