Full Title: Joined at the Hip: the US-China Clean Energy Relationship
Author(s): Bloomberg New Energy Finance
Publisher(s): Bloomberg New Energy Finance
Publication Date: May 1, 2010
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Description (excerpt):
The US – China relationship is the most important bilateral engagement in the world today, as the two countries engage on issues of commerce, currency, and their respective roles in international relations. In recent years, another aspect has entered the dynamic: the future of clean energy policy, manufacturing, technology, deployment, and trade.
Some have painted competition between the two nations on these issues in stark terms with China feared or admired as an exports winner and the US criticized or dismissed as a manufacturing loser. But the relationship between the nations defies simplistic assumptions defined by economic nationalism. Chinese PV modules are often manufactured using US-made equipment while US wind turbines regularly contain Chinese-made components. In this area as in so many others, China and the US are mutually dependent; each must rely at least in part on the other to achieve its clean energy and carbon reduction objectives.