No. of Recommendations: 1
Steve,

Read the article. The scale of the subsidy is very different. The US provided around $14 billion in loan guarantees since 2009.

By contrast, China’s state-owned banks alone have shelled out $18 billion in low-rate, preferential loans to solar companies over the past five years — most of which have gone to basic factories and manufacturers. In addition, China’s local governments have provided a slew of loan guarantees and cheap land to solar producers. Bradsher reports that the total subsidies could come to $50 billion over the next 20 years for every 10 gigawatts of solar power installed.

http://www.washingtonpost.com/blogs/ezra-klein/wp/2012/10/05...
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