Will Asia Own Cleantech As US Lags Behind?
GreenTech Media has an excellent guest post from Rick Defieux, looking at the positive factors in Asia and negative factors in the US that is helping countries in the east, namely China, catapult above the rest of the world in the realm of cleantech.
"Evidence is mounting that government-subsidized R&D;, beneficial manufacturing conditions and cheap capital are helping to tip the scales in favor of Asian companies or Asia-based joint ventures competing in certain large sectors of the global cleantech industry. At the very least, Western players in many cleantech sectors are increasingly required to develop a strategy to work with Asian partners in order to compete."
Chock full of some jaw-dropping numbers, the post highlights the trajectory of green technology. It's a great read for catching up on the status of cleantech.