Tag Archives: carbon taxation

Green Technology Race

“When it comes to climate change, the United States should compete, not cooperate, with its rival.” (Andrew S. Erickson, Gabriel Collins; “Competition With China Can Save the Planet,” Foreign Affairs, May/June 2021)

The United States’ relations with China are among the most important in the world today. While the relationship is complicated, the authors suggest one area in which the U.S. should definitely compete, not cooperate.

The authors cite China’s commitment to coal technology, as seen by their continued building of coal-fired power plants. The authors believe that “cooperation” with China in the field of climate change would mean the U.S. would have to give up its own progress toward climate friendly energy generation.

Instead, they suggest, the U.S. should strengthen competition in green energy technology. “Carbon taxation now attracts serious attention on both sides of the Atlantic, and the world’s democracies are generally significantly ahead of China when it comes to both meaningfully pricing carbon and having the industrial energy-sourcing preconditions in place to make the transition to a future of net-zero carbon emissions viable.”

A race to find better energy technology? Much better than an arms race.