Monday, July 6, 2009

Thomas Friedman on E.T. China

On Independence Day, Thomas Friedman explained why the U.S. needs to up research into E.T. (that's energy technology, not the cute little guy that phoned home).

In his column, he states, "this energy thing isn't just about global warming. In a world that is adding one billion people every 15 years or so — more and more of whom will be able to live high-energy-consuming lifestyles — the demands for energy and natural resources are going to go through the roof. Therefore, E.T. — energy technologies that produce clean power and energy efficiency — is going to be the next great global industry, and China needs to be on board. Well, China has gotten on board — big-time. Now I am worried that China will, dare I say, “clean our clock” in E.T."

Although China was once (and in many ways, still is) one of the dirtiest countries in the world environmentally speaking, "[it] is increasingly finding that it has to go green out of necessity because in too many places, its people can’t breathe, fish, swim, drive or even see because of pollution and climate change."

In preparation for the 2008 Olympics, Beijing required an enormous overhaul because the air was worse then L.A. on a bad smog day and countries were worried about the health of their athletes and the long-term effects the atmosphere of the city may have had on them.

But China is working it and working it hard. In a list compiled by the investment bank Lazard, China is third in alternative energy manufacturing and production behind #1 Japan and #2 Europe. The U.S. places fourth.

So what, one might say. Obama has put the energy bill on the back burner and focused most the administration's energy on health care. While this is an important subject and one that has been a major issue in elections and administrations throughout this century and the last, Friedman says that the energy bill needs more attention and needs it now.

"If we do not impose on ourselves the necessity to drive innovation in clean-technology — by imposing the right prices on carbon emissions and the right regulations to promote energy efficiency — we will be laggards in the next great global industry," he states.

But he is not poo-pooing the need for health care reform.

He puts it in no uncertain terms:

"Health care and the energy/climate bill go together. We need both now. Imagine how poor we would be today if U.S. firms did not dominate the top 10 Internet companies. Well, if we don’t dominate the top 10 E.T. rankings, there is no way we are going to be able to afford decent health care for every American. No way."

Makes sense, no?

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