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Detailed text transcripts for TV channel - MSNBC - 20170807:00:10:00

but back in 2006, they passed the renewable energy law. so that for the first time really set out these targets, this plan to support the development of wind and solar. china spent $102 billion on renewable energy in 2015. that s more than twice what the u.s. spent. and while president trump talks about bringing back jobs in coal, china plans to spend even more on renewable energies over the next three years, and create 13 million jobs in the process. you look for the trends, jump ahead, take the leadership. that s how you create jobs. that s all china s doing, right? i don t know what the hell we re doing. chris deangelis is an american lawyer who works with large technology companies in beijing. he says while americans argue about the science of climate change, the chinese are racing ahead. whether or not you believe it, this is where the world is going, right? you take a very sort of business focus on it.

Detailed text transcripts for TV channel - MSNBC - 20170807:00:12:00

everyone says technology, technology, be creative, be an innovator, okay? the fact is in many ways china almost uses technology as a commodity now. they re like, we can buy it, we have tons of people, we can make it. and not only in china. when the city of los angeles decided to switch its bus fleet to all electric, a new factory quickly opened up in the mohave desert. it s backed by warren buffett but owned by a chinese company. the first buses are already on the road in lancaster, california. another win for the chinese way of doing renewables. back in his office in beijing, deangelis says american companies were inherently the underdogs in this race. we do have amazing pockets of technology all over the u.s. but it s everybody on their own, versus china, which is the entire country that s like on the same mission. deangelis has lived in china for the past 13 years.

Detailed text transcripts for TV channel - MSNBC - 20170805:01:10:00

Detailed text transcripts for TV channel - MSNBC - 20170805:01:10:00
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