Chinese businesses don’t seem to need subsidies to be convinced to invest in clean-energy technologies. And yet, America (and by extension, Canada) are purportedly in danger of being left behind without massive intervention by government:

According to the Breakthrough Institute report, China is home to one-third of global solar manufacturing capacity. In wind, China has gone from having almost zero manufacturing output five years ago to having at least 70 turbine manufacturing companies today. Companies like BYD are also pushing ahead in the commercialization of plug-in vehicles.

 “Without concentrated action and big investments by the U.S. government, we will be passed by in the clean-tech race,” said Michael Shellenberger, president of the Breakthrough Institute, in a conference call on Wednesday. “We think the U.S. can catch up, but it won’t be through modest research and development and legislation, but through massive investments.”

While Chinese capitalists see opportunity, North American “capitalists” expect to be bankrolled by taxpayers. Something is wrong here.

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