All Weekend, Every Weekend. On C-SPAN3.

Can the U.S. Compete with China in the "Clean Energy" Market?

Washington, DC
Thursday, June 14, 2012

Witnesses testifying before the Senate Energy Committee said a comprehensive government-private sector partnership is needed if the U.S. is going to have a competitive clean energy sector. The hearing, which looked at clean energy in China and the U.S. comes after the Chairman of the Committee, Jeff Bingaman of New Mexico, returned from a trip to China.

According to a new World Wildlife Fund report, the U.S. lags behind China in the "clean energy technology race." The study, which looks at the manufacture and sales of solar panels and wind turbines in 25 countries, found the U.S. in fourth place for wind technology behind China, Germany and Denmark.

The U.S. recently placed tariffs on Chinese-made wind turbines and solar panels, claiming that "illegal" government subsidies and dumping by Chinese manufacturers are hurting American "Green" manufacturers. Critics of the administration's move claim that the 31% tariff on Chinese solar panels will hurt U.S. consumers and slow down the residential solar market.

Alternative energy development in the U.S. also faces challenges as tax credits designed to promote "green energy" will likely expire this year.  Vestas, a Danish wind turbine manufacturer, warned that the U.S. turbine market may fall by 80% in 2013 if the production tax credit expires.

Updated: Thursday, June 14, 2012 at 12:04pm (ET)

Related Events

IMF Recommends Economic Changes in China
Friday, September 6, 2013     

A recent International Monetary Fund report recommends that China make significant changes to its economic system in order to maintain its current pace of growth. Markus Rodlauer, the IMF's China mission chief, discusses the report with a panel of China experts at this Brookings Institution event.

Senate Budget Cmte. to Mark Up Budget for Fiscal Year 2014
Wednesday, March 13, 2013     

Senate Budget Chairwoman Patty Murray (D-WA) released her 2014 budget resolution for mark up Wednesday. It included significant tax increases on top of the $620 billion tax hike from the fiscal cliff deal.

Senate Banking Committee Press CFPB & SEC Nominees
Tuesday, March 12, 2013     

President Obama's financial regulator nominees went before the Senate Banking Committee Tuesday for consideration to lead the Bureau of Consumer Financial Protection (CFPB) and the the Securities and Exchange Commission (SEC).

Transportation Department Officials Address APTA Conference
Monday, March 11, 2013     

High ranking Transportation Department officials joined the American Public Transportation Association's annual legislative conference.  The day-long event addressed the need for funding and policies that support U.S. public transportation and rail systems.

A Look at Healthcare Implementation
Friday, March 8, 2013     

The National Press Club holds a news conference to discuss how the new healthcare laws are taking shape in the states during a Newsmakers' event titled "Obamacare on the Ground."

Confirmation Hearing for Sally Jewell to be Interior Secretary
Thursday, March 7, 2013     

The Senate Energy and Natural Resources Committee holds a confirmation hearing to consider REI Chief Executive Sally Jewell’s nomination to become the next Interior Secretary. President Obama nominated Jewell last month to succeed Ken Salazar, who held the post throughout the President's first term. 

Committee Holds Hearing On Government Waste
Tuesday, March 5, 2013     

Rep. Darrel Issa (R-CA) chaired a House Oversight Committee hearing on spending practices in the Departments of Education and Transportation.

Economists Address NABE Policy Conference
Monday, March 4, 2013     

The National Association for Business Economics holds its annual policy conference, featuring speakers from business, the government and the Federal Reserve.

President Obama Holds News Briefing on Sequestration
Friday, March 1, 2013     

Following a meeting with Congressional leaders, President Obama holds a news briefing at the White House.

Education, HHS Secretaries Visit Maryland Elementary School
Friday, March 1, 2013     

Secretaries Arne Duncan and Kathleen Sebelius visit an elementary school in suburban Washington, D.C., to discuss head start programs and student health clinics.

Share This Event Via Social Media

Photo Gallery

C-SPAN on Twitter (late 2012)
Questions? Comments? Email us at AmericanHistoryTV@c-span.org