We have medical and information technology, low-cost agriculture, advanced educational methods, and a track record of growth that can help them achieve their version of this dream.

FORBES: In China and India, Turbulence and Volatility Are Part Of The Bargain

Yet as long as these subsidies and tax credits exist, clean-energy executives will likely spend most of their time pursuing advanced legal and accounting methods rather than investing in studies, innovation, new transmission technology and turbine development.

WSJ: Patrick Jenevein: Wind-Power Subsidies? No Thanks.