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U.S. wins when China invests in green

Institute Professor Matt Kahn is quoted in a CNNMoney.com article about how China's renewable energy push is good for America.

U.S. wins when China invests in green

Photo credit: Flickr, Land Rover Over Planet

The United States wins when China invests in renewable energy.

That was the message from Matthew Kahn, an economics professor at UCLA, speaking Wednesday at Fortune's Brainstorm Green conference.

The United States wins because Chinese investment provides a market for U.S. companies in the alternative energy space. Plus, Chinese investment helps advance clean energy, bringing it closer to cost competitiveness with fossil fuels.

"This is not a zero sum game," said Kahn, speaking on a panel about China's green investments. "This makes the United States better off."

To read the full article by Steve Hargreaves click here.

Published: Thursday, April 07, 2011

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