US launches inquiry on China green technology subsidies

[pampango]

Source: BBC

The US says it is investigating claims China has broken trade agreements by giving billions of dollars in subsidies to its own green energy sector.

The inquiry follows complaints by US steel workers that China had violated World Trade Organisation (WTO) rules in a bid to dominate the global market.

US Trade Representative Ron Kirk said the US hoped to ensure "a level playing field" for US manufacturers. He pledged to pursue the case through the WTO if the claims are verified.

In a 5,800-page petition to the office of the trade representative, the United Steelworkers union last month accused Beijing of using subsidies, discrimination against import goods and other economic mechanisms to bolster domestic producers of advanced batteries, wind and solar energy products, clean-energy vehicles and other products.

Read more: http://www.bbc.co.uk/news/world-us-canada-11553995

[leveymg]

1. Ironic. Nobody fought harder against including green measures in trade deals than did China.

What's a bit of duplicity when "to get rich is glorious"?

[FreakinDJ]

2. Like when the "Derailed the Global Warming Summit"