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3 Policy Initiatives
Pages 15-24

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From page 15...
... Government policies in China have established fuel economy standards for vehicles that are well above standards in the United States. By 2020, China is slated to be generating five times as much wind energy as the United States, creating 120,000 jobs in that country.
From page 16...
... The United States "led the development of not only the steel industry and other industries in the 1900s but [also] the electronics industry, the biotech industry, and the Internet.
From page 17...
... Even with the increases promoted by the Obama administration, energy R&D is still just a quarter of one percent of the national energy bill. Fifth, the government should change trade laws so that the United States becomes a leading exporter of energy technologies.
From page 18...
... energy industry is to generate jobs decline in manufacturing and in the United States rather than in make the country again a favored venue for production." other countries. "To capture the jobs stemming from energy inno Steven Koonin vation, we have to reverse the U.S.
From page 19...
... We spacecraft capable of carrying three do our best thinking in a race, whether it's to build the atom people to an altitude of 100 kilo bomb, to get to the Moon, or meters twice within two weeks. to build private spaceships." The prize was won on October 4, 2004, after generating expenditures Peter Diamandis of $100 million by 26 teams from seven nations.
From page 20...
... When the country became Tony Tan independent, the conventional wis dom was to erect trade barriers to protect local industries. Instead, Singapore lowered trade barriers, and today it is host to almost 7,000 companies from the United States,
From page 21...
... In the process, it has transformed an inherent resource constraint into a new economic growth sector as the world deals with the problem of supplying growing populations with adequate water. In 2007, Singapore's water industry won the Stockholm Industry Water Award.
From page 22...
... EDUCATION Education will be just as critical a determinant of the United States' future economic success as it has been in Singapore. To succeed in innovation, students must be trained to be innovators, said Chameau.
From page 23...
... We don't really know what will be the next big thing." Science and engineering faculty will also have to direct particular attention to the relatively small numbers of prospective scientists and
From page 24...
... " largest defense industry. Nor the most natural resources.


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