Debunking the Myths and Miracles of Chinese Energy Policy

This week, MIT will host a presidential energy debate with senior advisors for the two candidates — Joseph Aldy (Obama) and Oren Cass (Romney). This post is part of a ScienceWonks series to raise awareness of the debate and critical issues facing our nation’s energy future.

Rhetoric about “getting tough” with China on trade is heating up during this election season as both parties try to articulate credible strategies for kick-starting the struggling U.S. economy. Not surprisingly, some of the most prominent recent examples of U.S. administration trade actions against China have been in the increasingly profitable clean energy sector, which totaled $263 billion globally in 2011. The U.S. is right to watch what China is doing on energy policy – and should continue to advocate for a level playing field – but perhaps in China’s impressive support for this industry there are also some lessons for a comprehensive U.S. national energy strategy. In this post, I will debunk some of the myths and miracles of China’s energy policy, making a case for U.S.-China cooperation (and healthy competition).

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