NewEnergyNews: CHINA’S U.S. NEW ENERGY BUY-IN

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    Friday, July 31, 2015

    CHINA’S U.S. NEW ENERGY BUY-IN

    Current Patterns and Future Opportunities; Mapping Chinese Direct Investment in the U.S. Energy Economy

    Melanie Hart and Angela Luh, July 2015 (Center for American Progress)

    “A first-of-its-kind report released by the Center for American Progress…finds that Chinese companies are investing heavily in U.S.-based clean energy projects and that, by-and-large, these investments have the potential to create positive economic outcomes for states and localities across the nation… Many of these investment deals contribute to job creation and infrastructure expansion across the nation…[ Current Patterns and Future Opportunities Mapping Chinese Direct Investment in the U.S. Energy Economy] makes several recommendations for how the federal government can leverage current programs to better support state and city energy investment needs across America…[including]…Establishing a clean energy investment initiative under the SelectUSA program to provide targeted investment attraction support for state and local government energy investment needs…Providing evidence-based, sector-specific investment attraction recommendations to help local economic development offices make smart decisions about where and how to direct their limited resources…Making Chinese direct investment projects in the U.S. energy economy a highlight of the U.S.-China diplomatic track on par with the bilateral projects going forward in the Chinese market…” click here for more

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