Green Rules the Transatlantic
Silicon Valley has already discovered it’s green veins, venture captital is flowing. Today, the German Foreign Minister Steinmeier is meeting with se Terminator to seal future cooperation.
He said he would hold talks in California regarding the coordination of the differing emission trading systems in Europe and the US.
Europeans tend to forget that California is very independent from Washington and can define their politics aside from Bush antics. In this case, Schwarzenegger’s one million roof initiative has helped the state advance green ambitions. The industry is set to compete with Germany’s leading global position in renewables, mostly in wind and solar. Both have much to gain.