The US government is doing a lot to fund renewable energy R&D since the creation of ARPA-E in 2009: http://arpa-e.energy.gov/ I suspect, but do not know for sure, that China is doing more of this sort of investment, particularly in wind.
If I were John Boehner (leader of the US opposition), I'd take money from corn and oil subsidies and use it to fund more R&D, but I'm not (or at least I won't admit to being him in this public forum).
If I were John Boehner (leader of the US opposition), I'd take money from corn and oil subsidies and use it to fund more R&D, but I'm not (or at least I won't admit to being him in this public forum).