Alternative energy is the next big tech market, the one that will spawn the next Google, or Apple, or Microsoft. But guess what? Those companies probably won’t be based here. As Thomas Friedman pointed out in his column a few days ago, the Chinese are racing past us. They’re investing billions — in physics, in nanotech, in material science, in fuel cells, in solar. They’re going to own this market.Meanwhile we sit here with our heads up our butts, debating things like a gas tax or whether power plants should have to cut back on CO2 emissions and whether we can make this leap to a new paradigm without hurting our economy (read: without hurting the companies that sell oil and run coal-powered generators and which contribute loads of money to politicians in Congress.)
Fake Steve knows the truth when he sees it.