If you follow the money, the numbers show that the U.S. is being outpaced by China and other countries in a global race to develop green-technology industries.
The Pew Charitable Trusts, in conjunction with Bloomberg New Energy Finance, is publishing a report on Thursday that characterizes different countries in developing and adopting clean-energy technologies.
The U.S. is strong when it comes to technical innovation, with venture capital and private equity outpacing other countries. But China last year took the lead in "asset financing," or investment in renewable-energy projects. It also is poised to pass the U.… Read more