Summary
- China is dominating the US in the clean technology economy
- Democratic presidents have historically supported cleantech, while Republican presidents have opposed it
- President Obama made significant investments in clean energy through the Recovery Act
- Trump’s significant legislation was massive tax cuts for the wealthy
- Biden’s administration has passed strong cleantech and climate solution laws, stimulating investments in various clean energy technologies and infrastructure
Article
China is dominating the clean technology economy, leaving the US far behind. Europe is also making strides in the electric vehicle realm. Past Democratic presidents have been supportive of cleantech, while Republican presidents have opposed it. President Obama made significant investments in clean energy, electric vehicles, and energy efficiency through the American Recovery and Reinvestment Act, which led to job creation, renewable energy generation, cost reductions, innovation, energy efficiency improvements, grid modernization, and the growth of energy storage.
On the other hand, President Trump did not achieve much in terms of cleantech or any other area, with the only significant legislation being tax cuts for the wealthy. President Biden has surpassed Obama by passing strong cleantech and climate solution laws, stimulating investments in solar technology production, EV production, EV battery production, and critical infrastructure projects. These efforts have revived manufacturing jobs and boosted infrastructure development, including EV charging infrastructure. The Biden administration has also worked to make important medicines more affordable and forced competitive pricing for prescription drugs.
Democrats are seen as the US’s only hope for competing with China in the cleantech industry on the federal level. Their policies aim to make the country more competitive, lower costs for Americans, and support the growth of industries of the future. It is crucial for Americans to vote wisely for the party that is focused on creating a better economy for the masses. Supporting independent cleantech coverage can help accelerate the cleantech revolution and drive positive change. By staying informed and engaged with cleantech news, individuals can contribute to the advancement of sustainable technologies and policies.
Readers are encouraged to sign up for daily news updates from CleanTechnica via email or Google News to stay informed about the latest cleantech developments and stories. By supporting independent cleantech coverage with a small monthly contribution, individuals can help accelerate the transition towards clean energy and sustainable solutions. To share tips, suggestions, or advertising opportunities, readers can reach out to CleanTechnica for collaboration. Join the community of cleantech enthusiasts and stay connected with the latest updates and insights in the field of clean technology.
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