Terry Tamminen, former secretary of the California Environmental Protection Agency, is president of Seventh Generation Advisors, an operating partner at Pegasus Capital Advisors, and author of "Cracking the Carbon Code: The Key to Sustainable Profits in the New Economy."
As the Senate Environment and Public Works Committee began hearings on carbon regulation, debate ran along traditional battle lines, but with a new script.
It may have only been a dream, but President Obama and China's leader Hu Jintao were betting bold plans to measure and register greenhouse gas sources, trying to outbid each other. The reality is: If we play the game shrewdly this may be a game with many winners.
Even as China overtakes the US in the dubious category of “world’s leading greenhouse gas producer” it is also taking the lead in developing the technologies and policies to solve the problem well ahead of the US - - and sell those solutions to us at massive profits which could have been ours.