US Leads In Energy Innovation, Loses In Manufacturing

Here’s an excerpt from a piece written by Margaret Ryan for AOL Energy [March 5, 2012]

We can dream it – so why can’t we make it? That was a central question debated at the Energy Innovation Summit in Washington, DC at the end of February, with leaders from business and academia warning the US is failing to retain the manufacturing jobs produced by technology innovation pioneered here.
To change that, the US needs to become “fierce” in competing, said Susan Hockfield, President of the Massachusetts Institute of Technology ( MIT), and she found ample backing from executives of global businesses who say the US lacks leadership to attack the problem.

Like Secretary of Energy Steven Chu, they told the summit, sponsored by the Department of Energy‘s Advanced Research Projects Agency-Energy, that the best innovations are still coming from the US. But companies often don’t locate resulting manufacturing in this country, and the reasons go way beyond cost.

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US Leads In Energy Innovation, Loses In Manufacturing [AOL Energy]