Friday, November 20, 2009

Congress and the Chamber of Commerce gave the Chinese my lunch!

Somewhere Thomas Friedman wrote about other countries are going to be eating our lunch because we are standing pat on education or technology. Here is one way it is happening.

Congress and the U.S. Chamber of Commerce have been dragging their feet on global warming and clean energy. The Chamber has claimed that doing something and investing in green energy will cost jobs.

Guess what? The foot dragging is costing jobs. China is already outstripping the U.S. in lower and lower cost of producing solar cells, wind turbines, and so on. Not just because of lower labor costs, but because of scale and improving products and techniques. Already several U.S. green energy companies have moved production to China, and the largest Chinese solar company has a large contract with the U.S. government.

See "The new arms race", Robert Kennedy Jr., Huffington Post, 2009-11-19, "The New Sputnik", Thomas Friedman, New York Times, 2009-09-27, and "Who has the right priorities?", a blog of mine in February.

I think China is putting up a big smoke screen, pardon the pun, about being a developing country that needs the dirty energy to catch up to the developed countries. The Chamber has fallen right into the Chinese trap. The Chinese are going to develop right past us while we hobble ourselves with old technology.

Thanks, Congress and the Chamber, for giving away our lunch.