On the radio program of conservative talker Laura Ingraham, Michele Bachmann rattled off a litany of complaints against China, accusing the country of blinding U.S. satellites with lasers, selling weapons to terrorist regimes and engaging in cyber attacks on both U.S. businesses and the military.
Posts Tagged China
China will overtake the U.S. economically in just five years, according to the latest International Monetary Fund (IMF) forecasts.
The United States in 2010 slipped to third in the world in the amount of private capital invested in the clean energy sector, according to a recent report by the Pew Charitable Trusts. The U.S. saw $34 billion in private equity invested in the sector last year, a 51 percent jump from 2009, but China received $54.4 billion, increasing the lead it’s held over the U.S. since 2008. Germany last year passed the U.S. with $41.2 billion invested in clean energy.
Overall taxpayer money delivered to the Pentagon and its contractors in 2010 will add up to well more than an all-time record-breaking $1.01 trillion. As has been widely reported, Defense Secretary Robert Gates asked the new fiscal-conservative Republican Congress to consider cutting the Pentagon budget by $80 billion over the next five years, meaning the Defense budget will still rise in that time but not by as much as it would have done. Republicans derided the proposal, arguing that the country was at war and that there was plenty of spending to be cut elsewhere. As the 112th conservative Congress got underway, Colorado GOP Rep. Doug Lamborn, for example, introduced two bills that would strip public broadcasting of roughly $500 million per year. Lamborn’s bills won’t pass. China meantime is serious about taking over the reins of the world economy. It is spending a fraction of what the U.S. spends on Defense and double what the U.S. spends on the clean energy technologies of the future– and it is selling those technologies and its expertise in creating them to customers around the world including to the cash-strapped U.S.A.
CANCÚN, MEXICO — There are rumblings around Cancún that China may be willing to legally commit to its domestic cuts in carbon emissions. Negotiators, ministers and world leaders are currently in the second week of talks at the Conference of the Parties of the United Nations Framework Convention on Climate Change (COP 16).
In a last-ditch effort to build support in the Senate for a comprehensive climate bill this July, President Obama told the White House press corps that a failure to pass the legislation could help cement China’s position as the world clean energy industry leader. But some energy experts say America and China are more like partners in a relay race, where each country’s advances helps the other get ahead.
Colorado Independent energy and environmental reporter David O. Williams will appear on the Rocky Mountain PBS news show “Colorado State of Mind” tonight at 7:30, participating in a panel discussion on federal climate legislation.
Hosted by veteran Colorado journalist…
The same day that Senate Majority Leader Harry Reid (D-Nev.) announced that he did not have the votes to pass a cap-and-trade bill, even a scaled-down utility-only version, news broke that China has decided to institute its own cap-and-trade…
Colorado has lost 45,100 jobs to China since that country entered the World Trade Organization in 2001, according to the Economic Policy Institute (EPI), a liberal think tank, and the Alliance for American Manufacturing (AAM), a joint lobbying effort…