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Krugman: U.S. Risks Losing Renewable Edge to China

11/10/2025

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Story summary
  • Nobel Prize-winning economist Paul Krugman warns that China will lead the renewable energy sector if the United States fails to invest.
  • Krugman criticizes U.S. President Donald Trump for cutting support for clean energy.
  • This policy will hinder America's competitiveness.
  • Krugman notes China's investments in renewable technology, including a solar farm on the Tibetan Plateau.
  • China aims to peak carbon emissions by 2030 and reach carbon neutrality by 2060.