China and Germany not proper energy models for the US

In the Oct. 16 debate, US President Barack Obama clarified his energy hopes instructively. Criticizing challenger Mitt Romney for promoting a plan he said would “let the oil companies write the energy policies,” the president pointed abroad for guidance—to China and Germany. Obama wants America to have what he said Romney’s plan lacks—“the clean-energy part”—because “China, Germany, they’re making these investments.” But are the Chinese and German appealing models for the US? China does invest heavily in renewable energy—a world-leading $52 billion in 2011, according to the United Nations. It invests even more heavily in oil and gas. Unlike the US, China mostly owns the companies through ...

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