Senate Report: The Real Story Behind China's Energy Policy And What America Can Learn From It

by Sabrina I. Pacifici on December 8, 2010

News release: “Sen. James Inhofe (R-Okla.), Ranking Member of the Senate Committee on Environment and Public Works, released a new minority report, titled, The Real Story Behind China’s Energy Policy – And What American Can Learn From It. The report shows that, regardless of its wind and solar production, China is predominantly relying on coal, oil, and natural gas, along with hydro and nuclear power, to fuel its economy. Non-hydro renewables, despite considerable government support, make up less than 1 percent of China’s energy portfolio – a fact that won’t change for at least the next two decades. When it comes to clean energy, China dominates production of rare earth minerals, which are necessary to produce wind turbines, solar panels, advanced batteries, energy efficient lighting, and many other energy technologies. As the report explains, China produces about 97 percent of the world’s supply, while the U.S. produces none. China’s dominance in this regard provides enormous economic leverage over the U.S.-and leaves our country dangerously dependent on China’s resources.”

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