When I started writing Green Collar America, I did so because I felt that the green technologies and solutions that were going to make our nation and our society more sustainable represented the next great industry that would drive America’s future prosperity. According to a just released report produced by The Breakthrough Institute and The Information Technology and Innovation Foundation we are going to be buying all that technology from Asia.

Every American should read at least the “Overview” page of this report. There are 5 points on that page…here is the first:

Asia’s rising “clean technology tigers” – China, Japan, and South Korea – have already passed the United States in the production of virtually all clean energy technologies, and over the next five years, the government’s of these nations will out-invest the United States three-to-one in these sectors. This public investment gap will allow these Asian nations to attract a significant share of private sector investments in clean energy technology, estimated to total in the trillions of dollars over the next decade. While some U.S. firms will benefit from the establishment of joint ventures overseas, the jobs, tax revenues, and other benefits of clean tech growth will overwhelmingly accrue to Asia’s clean tech tigers.

That 3-to-1 investment disparity is assuming that the US Senate will pass a clean energy bill like the American Clean Energy & Security Act which the House of Representatives passed earlier this year. That is by no means a certainty, and is actually very unlikely based on what’s going on with healthcare. The outspending will be more in the ball park of 10-to-1 in that case - and it is only that close because some of the stimulus bill went to clean tech. However, we’re sending a ton of that stimulus money overseas anyway and not creating Green Collar Jobs at home - because we can’t buy cost competitive clean tech products here.

Even if we do pass such a bill the report argues that it;

includes too few proactive policy initiatives and allocates relatively little funding to support research and development, commercialization and production of clean energy technologies within the United States.

Instead, we are relying on some tax incentives and other market stimulating solutions that - in past times - have jump started innovation and moved America into a leadership position. There are a lot of good things to be said about this bill - as Representative Markey (the primary author) describes in this video

Unfortunately, the race may be over before this approach even gets us running - we have never had competition that was willing to spend half a trillion dollars to kick our ass before.

There is only one answer - we all have to get off our asses and scream at Congress until we drown out the noise from the people who JUST DON’T GET IT. We don’t have time for obstruction - we need to move and we need to move now. Unless you have another idea for a multi-trillion dollar industry that is being birthed right now and can sustain our country and our economy, call your congress person…please.