Articles Tagged: People's Republic of China (PRC)

Trade Disputes Stem from Our Own Policy

Our trade conflict with China over renewable energy issues is a conflict of our own making. China is simply responding to follies the US has made through large subsidies, production tax credits, and renewable performance standards and mandates. The worst thing that the government can do is to continue its industrial policy of propping up energy technologies that are not commercially viable. As former Treasury Secretary Larry Summers previously stated, the government is a poor venture capitalist.

Partner & Fellow Blogs