China’s edge in the energy-efficiency industry
Read the full opinion piece in the Los Angeles Times.
Americans have by now become inured to China peeling off layers of the U.S. manufacturing base. The Asian giant, though, has never been at the starting gate of a new industry that promised exceptional growth. That’s a natural place for America, we like to think. Indeed, the U.S. booted up the Internet business, fostering phenoms such as Cisco Systems and EBay. Those innovators brought the world online, enriching our national economy.
But with “clean tech” and renewable energy heralded as the next world-changing opportunity — and our ticket out of the Great Recession — the United States is at risk of ceding this strategic terrain.