We’re following green technology VERY closely here in the Hutong…in fact, we’ll have a major announcement along those lines in the coming weeks.
So the fact that Vermont’s governor is coming to China to help promote green industries caught our eye. Talk all you want about biotech. The reality is that the next Great Tech Wave will be coming from companies developing clean energy and other technologies designed to help us live and work greener.
Jim Douglas has figured that out, as has California’s Governator. What continues to mystify me is why China remains so dead set on reinventing the microprocessor, Wi-Fi, 3G, and other technologies when opportunities like Eco-tech – where there are as yet no multibillion-dollar sector leaders – beckon with the promise of both local leadership and global dominance.
If China’s government doesn’t get moving in this direction quickly, they’re going to find themselves playing catch-up in EcoTech the same way they are doing in information technology and communications technology.
Given the magnitude of China’s challenges in that area, that would be a great pity indeed.