They did what comes naturally and wrote a bill that was all about transfer payments, temporary tax subsidies, green industrial policy, homeowner subsidies, 99 weeks of jobless benefits and all the rest.

WSJ: Review & Outlook: Obama's Progressive Gamble

Overall, China views promotion of green sectors as sound industrial policy: it aims to be the world market leader in solar panels, wind turbines, fuel-efficient cars, and other clean energy industries.

FORBES: Needed: A Global Green New Deal

Led by China and America, support for green tech is rapidly becoming one of the biggest industrial-policy efforts ever.

ECONOMIST: The state and business