Green technology will only continue to improve the lives of the Earth’s inhabitants. Every major industrial country – from China to Germany is investing in and creating jobs and new industries through new energy technologies. From geo-thermal and wind to solar power to energy efficiency programs, the US has created the leading technology but has found a way to let these other countries lead the business side of the equation.
The following article outlines why it is important for the US to lead in the emerging energy technologies.
Consider this: Solar power was invented in the U.S. as a spin-off of the space program. But our largest solar energy import is solar panels, spending $2.4 billion in 2010 while exporting only $1.4 billion worth, according to an August 29, 2011, Solar Energy Industries Association study. Whats worse is our largest solar industry export was $2.5 billion worth of polysilicon, the material used to make solar panels. In other words, were selling the raw material to other countries that build the solar panels we invented so they can sell them back to us. How does that make sense?