From President Obama to state and local officials are all saying that "green industry" is going to be the savior of the US economy. This is a realistic objective that would enable us to have clean/renewable energy source as well as create 'more green' jobs. Global investments in 'renewable' energy is estimated to reach $450 billion in 2012 and possibily over $600 billion by 2020. Sadly, the investment share of USA, in 'green technolog4ies,' is going to be just a third of what China, Japan, and Korea is investing in this sector. The US produces less than 10 % of the world's solar cells, is losing ground on hybrid and electricalvehical technology and manufacturing, and lags far behind in clean-technology manufacturing. If the U.S. hopes to compete for new clean-energy industries, it must close the widening gap between public investments and provide more robust support for U.S. clean-tech research and innovation, manufacturing, and domestic markt demand.
source: Rob Atkinson, Business Week
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