Industry Market Trends

More Questions Raised About Whether U.S. or China Dominates in Cleantech

March 25, 2013

Conventional wisdom says that, when it comes to cleantech manufacturing, China is cleaning the United States's clock. We published a piece here at IMT Green & Clean Journal a few weeks ago implying exactly that. So you can imagine our surprise when the Pew Charitable Trust's Environmental Initiatives group came out with a report this month claiming that the U.S. actually has a trade surplus over China in solar photovoltaic (PV), wind and smart energy technologies. The report makes the contrarian statement: “Considering all aspects of the value chain, U.S. exports and trade to China actually exceeded Chinese exports to the United States by $1.63 billion in 2011,” 2011 being the latest year in which data were available for the purposes of the report. Read More