Josh Green reports on alternative energy:
The key to our energy future lies in exploiting two often opposing forces without having them trample or undermine each other: Silicon Valley’s free-market culture of innovation and Washington’s power to set the terms by which everyone operates. The challenge will be to establish European-style stability without constraining ourselves to anemic European levels of innovation. And if it turns out that a Nobel-caliber breakthrough is necessary to save the planet, the freewheeling boom-and-bust disruptions of the 1980s might come to be regarded in a much better lightbecause, really, who else has produced such rapid change? It may seem strange to think so, but the last, best hope for heading off climate change is probably the same country that botched the job so badly once before.