Pew Report: U.S. Drops to Third in Clean Energy Investment

I'm not ready to hit the panic button yet, but China is eating our lunch with respect to deploying clean energy technology. Although U.S. investment was up 51% ($34B) from 2009, the Chinese and the Germans are still pumping more investment dollars into clean tech deployments. Pew Clean Energy Director Phyliss Cuttino said, "The United States' position as a leading destination for clean energy investment is declining because its policy framework is weak and uncertain." That about sums it up for me. Our elected officials need to develop a comprehensive energy plan for this nation gradually phasing out fossil fuels and phasing in renewables or in the end we will spend way more than $34 billion for our energy needs.