Thursday, May 13, 2010

Is "Buy American" Biting Us in the You Know Where?

More so than we already knew, I mean. China is a large and fast growing market for wind turbines. Western manufacturers' leading market share has eroded steeply...

"China’s so-called “buy local” policy steers most state- financed energy contracts to domestic players, said Magued Eldaief, a GE Energy executive who formerly oversaw the Fairfield, Connecticut, company’s Asia Pacific unit.

'There’s no question preference is given to Chinese companies,' Eldaief said. 'It’s a reality you have to live with.' "

At least Dear Leader is making good on his promise of creating green jobs...they're Chinese green jobs, but hey...

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