- May 9, 2010
- Reaction score
It seems China is using subsidies to prop up the green energy sector, like every other government in the world including the US. Yet, somehow, they single handily caused the Solyndra collapse.
http://www.nytimes.com/2011/09/18/u...m-lost-jobs.html?_r=4&partner=rss&emc=rssAccording to the Department of Energy, solar panel prices have dropped 42 percent since January, largely because of $30 billion in Chinese government subsidies to its solar sector. The United States share of the worldwide solar-panel market has fallen from a peak of 43 percent in 1995 to just 7 percent last year.