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Former Morgan Stanley chief economist Stephen Roach just dropped a truth bomb on the climate debate—and it’s all about green tech production. In a fiery Bloomberg interview, he shut down claims of 'overcapacity' in China’s renewable energy sector, saying: 'We need all the capacity we can get to move away from carbon.'
Roach argues that China’s massive investments in solar panels, EVs, and wind turbines are critical for global climate goals. Meanwhile, he called out the U.S. for lagging behind: 'The U.S. should be ashamed of lacking the capacity for producing green technology goods.' Ouch.
Why it matters: With global carbon deadlines looming, this isn’t just a trade spat—it’s a race to save the planet. Roach’s take? Prioritize collaboration over competition. 'This isn’t the time for finger-pointing,' he warned.
Former Morgan Stanley chief economist Stephen Roach just dropped a truth bomb on the climate debate—and it’s all about green tech production. In a fiery Bloomberg interview, he shut down claims of 'overcapacity' in China’s renewable energy sector, saying: 'We need all the capacity we can get to move away from carbon.' 
Roach argues that China’s massive investments in solar panels, EVs, and wind turbines are critical for global climate goals. Meanwhile, he called out the U.S. for lagging behind: 'The U.S. should be ashamed of lacking the capacity for producing green technology goods.' Ouch. 
Why it matters: With global carbon deadlines looming, this isn’t just a trade spat—it’s a race to save the planet. Roach’s take? Prioritize collaboration over competition. 
'This isn’t the time for finger-pointing,' he warned.
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