The Council on Foreign Relations predicts China will turn to renewable energy as a challenge to the United States. Sorry China, renewables are not the future energy.

Imagine a centrally planned economy out-thinking and out-performing a consumer-driven, free-market one.

That is the prognostication, even hope, of Amy Myers Jaffe, director of the program on Energy and Climate Change at the Council on Foreign Relations, as stated in the current edition of Foreign Affairs (“Green Giant: Renewable Energy and Chinese Power”) and in the Houston Chronicle (“Will Clean Energy Push China Past the U.S”).

Jaffe posits an energy future where America’s “short term win” with fossil fuels gives way to China’s win as “the renewable energy and electric vehicle superpower of a future energy world.” She cites that country’s massive subsidization of currently noneconomic energies, such as $47 billion for solar panels, as well as its expenditures of money on batteries, electric vehicles, and other “low carbon” or “clean” energy technologies.

Read more:

http://naturalgasnow.org/sorry-china-renewable-energy-isnt-future-energy/