Three cheers for this approach:
Right now, more than half of our wind turbines come from overseas. Roughly 90 percent of our solar cells are imported from China.
America can make this transition. Gear boxes for automobiles aren’t all that different from gear boxes for wind turbines. A company that makes one can make the other — but the transitional costs are formidable, especially in an era of tight credit and slack demand.
The IMPACT Act added to Waxman-Markey will help solve those problems.