For years, the U.S. and China have waged war over technology, trade, and capital markets. Tensions between the world’s leading economies reached a fever pitch during former president Trump’s term in office, leading to escalating tariffs and trade restrictions. But now, a new revelation will have Washington scratching its head again: China has been vastly outspending the United States in renewable energy R&D. According to BNEF data cited by Bank of America in a recent report, for every dollar that the U.S. spent on renewable…
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