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Today in Cleantech

My Weekly Update that posted this morning deals with the question of how the U.S. government should deal with the aggressive (some would say illegal) support that the Chinese government is giving its green industries. So, it’s no coincidence that we hear today that GM and its Chinese partner SAIC Motor Corp. have signed an agreement to build and develop EVs in China. The Chevy Volt will go on sale in China this year but because it isn’t built in China, it’s ineligible for subsidies that would result in an almost 30 percent price reduction. China has given over $200 billion in subsidies to its green industries, more than double what the U.S. has given, and sooner or later the U.S. government is going to have to address Chinese trade and subsidy practices (and its own) surrounding cleantech, if it wants U.S. companies to remain competitive.