Breakthrough Institute

America Needs to COMPETE

America Needs to COMPETE

Although America once led the global race in clean tech innovation and investment, our country has been slipping behind the rest of the world for quite some time. Last year, China surpassed the U.S. in clean energy investment by an almost two-to-one margin, according to a recent report from The Pew Charitable Trusts. The other “Rising Tigers” in Asia are also nipping at our heels. Over the next five years, these countries will out-invest the U.S. in energy technology by at least three-to-one. That’s a scary prospect.
Can We Wake the Sleeping Giant?

Can We Wake the Sleeping Giant?

“Asia’s rising ‘clean technology tigers’— China, Japan and South Korea — are poised to out-compete the United States for dominance of clean energy markets due to their substantially larger government investments to support clean technology research and innovation, manufacturing capacity, and domestic markets, as well as critical related infrastructure.” So begins Rising Tigers, Sleeping Giant, released on November 18 by the Breakthrough Institute and the Information Technology and Innovation Foundation.