Vinod Khosla on how the anti-green agenda could help climate tech
The key will be to develop technologies at prices attractive to China and India
CLIMATE-TECH INNOVATION and reshoring help America in the global battle for manufacturing supremacy, and in building the economic power that comes from technological superiority, even in Donald Trump’s “don’t believe in climate change” era. Congress has just passed a tax-and-spending bill that, among other things, eviscerates the Inflation Reduction Act (IRA), Joe Biden’s flagship climate law, but this is no time to dismiss climate tech as a tree-hugging virtue. On the contrary, it is one of the most important levers of geopolitical influence. Power will accrue to those who can produce critical energy and industrial commodities at competitive prices. I call this the “Chindia price”, a cost point at which China, India and others adopt the technologies behind these because they are the cheapest without subsidy.
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