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\nFORGING THE PATH AHEAD  \nNovember 2010  \n© 2010 by the Ewing Marion Kauffman Foundation. All rights reserved.  \nIntroduction  \nIf the United States fails to act now to harness its resources and ingenuity in cleanenergy production, we risk falling far behind in the twenty-first century global economy. Other nations will seize the opportunity to capitalize on this rapidly growing sector. Businesses will be drawn away from the United States as startups, entrepreneurs, and innovators find more hospitable operating environments overseas. Unemployment in our country will steadily increase, while jobs are created in distant lands. And our dependence on foreign oil will continue, along with the conflict this dependence breeds.  \nChina now leads the world with $34.6 billion in clean energy investments, nearly double that of United States’ investments.1 Denmark is the world’s leader in wind power, power that generates more than 19 percent of its country’s electricity.2 And, based on its current momentum, Germany is set to become the world’s first industrial country to use 100 percent renewable energy—a goal the country might reach as soon as 2050.3  \nIn his State of the Union Address earlier this year, President Barack Obama said, “We need to encourage American innovation... (and) no area is more ripe for such innovation than energy.” If we are to rise to the president’s challenge, we must embrace the dynamism of our economy to emerge as a global leader in advancing energy innovation toward products and services in the commercial market. The economic impact of catalyzing the energy sector cannot be ignored: Experts predict 60 percent of the  \n1 PEW Charitable Trust, “Who’s Winning the Clean Energy Race? Growth, Competition and Opportunity in the World’s Largest Economies,” [http://www.pewtrusts.org/news_room_detail.aspx?id=57972](http://www.pewtrusts.org/news_room_detail.aspx?id=57972) .  \n2 [http://www.time.com/time/magazine/article/0](http://www.time.com/time/magazine/article/0),9171,1881646,00 . html.  \n3 [http://www.renewableenergyworld.com/rea/news/article/2009/04/germany-the-worlds-first-major-renewable-energy-economy](http://www.renewableenergyworld.com/rea/news/article/2009/04/germany-the-worlds-first-major-renewable-energy-economy).  \nworld’s energy will come from renewable resources by 2070.4 In many ways, energy technologies will define the twenty-first century. These technologies also will be a critical turning point in the history of the United States.  \nIn Washington, most plans to “jump-start” the economy emphasize the need to increase job growth in existing companies. However, data suggest that new jobs are not created by older, larger firms, but, rather, by newer, smaller companies. According to Business Dynamics Statistics (a U.S. government dataset compiled by the U.S. Census Bureau), existing firms destroyed 1 million jobs per year on average between 1977 and 2005 , while new companies created 3 million jobs per year. Moreover, during recession years, jobs created by new companies remained significantly more stable economically than jobs created by established firms.5  \nAlthough the United States’ investment in basic energy research was at its highest this year, there is a notable lack of attention toward implementing policy that could boost the private energy market. Energy innovations as a whole do not receive adequate attention from investors, businesses, and states because of interconnection issues with utilities, limited financing options, and a cumbersome U.S. regulatory environment.  \nAlso limiting progress in the energy sector is an unfortunate disconnect between its key players. In the United States, universities and research laboratories are our major centers of research and knowledge generation. But, despite our strength in producing new ideas, the current system is insufficient to identify those innovations with p","cbCaivQmv4znfhvt","https://ap.wps.com/l/cbCaivQmv4znfhvt","pdf",175877,24,"English","# Introduction\n## The gathering of great ideas","[{\"question\":\"Why does the document argue the U.S. must act now on clean energy?\",\"answer\":\"It warns that without action, the U.S. could lose ground in the 21st-century global economy as other countries attract businesses and create jobs, while dependence on foreign oil continues.\"},{\"question\":\"What international examples are used to illustrate clean energy leadership?\",\"answer\":\"The text cites China’s large clean energy investments, Denmark’s wind power contribution to electricity, and Germany’s momentum toward a renewable energy goal.\"},{\"question\":\"What barriers does the document identify that limit progress in the energy sector?\",\"answer\":\"It points to insufficient attention to implementing clean energy policy, investor/business/state concerns over utility interconnection, limited financing options, and a cumbersome regulatory environment, plus gaps between research and commercialization.\"}]","A CLEAN ENERGY ROADMAP - FORGING THE PATH AHEAD - November 2010 | PDF",1792047070]