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  • Green Tech Gets Serious

    With economies still weak and China pushing hard to dominate growing industries such as wind and solar power, clean-energy innovation is emerging as the new front in the global economic fight.

    Upstart–Tech/E-Commerce

    Something big is shifting in the business of the environment. Yesterday’s clean fun has become today’s Clean War.

    Read the full ECO:nomics report .

    Not long ago, talk of powering economic growth with less fossil fuel came mostly from Madison Avenue and the Birkenstock crowd. Not anymore. With economies still weak and China pushing hard to dominate growing industries such as wind and solar power, clean-energy innovation is emerging as the new front in the global economic fight.

    Nathan Myhrvold, CEO of Intellectual Ventures, talks with WSJ’s Alan Murray about an unusual solution to global warming.

    The winners won’t be clear for years, said the chief executives and entrepreneurs from Beijing to Boston who gathered last week at ECO:nomics, The Wall Street Journal’s annual conference on the business of the environment. But the stakes and strategies are getting clearer.

    Dominating the discussion was talk of China. It’s grabbing clean-technology market share not because of its cheap labor, executives at the conference said, but through strong mandates and subsidies to build a new export industry. In solar power, the U.S. is “neither the largest in manufacturing nor the largest market,” said Mark Pinto, executive vice president of Applied Materials Inc., a California-based company that builds machines to make solar panels and computer chips. “That’s very unusual.”

    Read More:

    http://online.wsj.com/article/SB10001424052748704504404576184420733882538.html?mod=WSJ_business_LeftSecondHighlights

    Upstart: Business and Management for 20-40 Year Old Professionals

    Filed Under: Tech/E-Commerce

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