It is said that China & other economies gained over $11 billion in “clean-energy” investments & that 2 million jobs in the alternative energy sector are being “lost” to China,

But these alarming claims overlook the fact that most of the funds are government subsidies paid to alternative energy projects that are both inefficient & unreliable.

Without subsidies & mandates, most of these “investments” would go away. As such, it is fatuous to assert that America is losing millions of jobs to China.

For their part, China’s leaders echo the “green” message to soak up the vast funds that foolish Western governments provide.

In the end, the villains are not in Beijing. The real perpetrators of waste are politicians closer to home!