China Is Absolutely Destroying the US on Clean Energy
▻http://www.motherjones.com/blue-marble/2015/11/china-absolutely-destroying-us-clean-energy
When world leaders convene on Monday in Paris for two weeks of high-stakes climate negotiations, one of the top items on the agenda will be how developing nations should prepare for and help to slow global warming. Opponents to President Barack Obama’s climate agenda, such as GOP presidential contender Marco Rubio, like to argue that anything the United States does to curb greenhouse gas emissions will be pointless because countries like India and China aren’t doing the same.
But new data from Bloomberg New Energy Finance shows that this argument is just hot air: For the first time ever, over the last year the majority of global investment in clean energy projects was spent in developing countries. In fact, clean energy investment in China alone outpaced that in the United States, the United Kingdom, and France combined , BNEF found. Across 55 major non-OECD countries, including India, Brazil, China, and Kenya, clean energy investment reached $126 billion in 2014, a record high and 39 percent higher than 2013 levels.
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