This post is a beautiful essay. However, I disagree with some of your points. I will focus on two, because they involve basic principles.

1. Confusing the government with the country. You write, “American companies that were previously at the forefront of technological innovations here in the US are now moving their operations to China due to China’s readiness to spend money to develop Green Tech.” First of all, I doubt that the government of China spends more money on green technology than the government of the US. But, set that aside.

America’s industrial leadership does not come from the American government. We dominated the auto industry for 75 years because of Ford and other private companies. We dominated the semiconductor industry for decades because of companies started in garages here in Silicon Valley. There is an enormous amount of private money looking for places to be invested. I’ve met with some of these firms. That money will go to companies in the US or in China or wherever the investors see a good business opportunity.

Why is the US is less attractive to green technology than it was to modern electronics?i It’s becaus our business climate has gotten worse. Higher taxes and more regulations drive business elsewhere. Health Reform, Cap ‘n Trade are bad for business. They discourage green technology from being developed in the US.

An uncertain economy also discourages business. Obama’s plan for ongoing trillion dollar deficits threatens some kind of economic disaster. That threat discourages businesses, including green technology, from expanding or starting up in this country.

2. Reversing the cause of a problem isn’t necessarily the best way to deal with it. E.g., near-sightedness is caused by problems within the eye, but we deal with near-sightedness by wearing glasses. Even if global warming is primarily caused by man-made CO2, chances are it will be more practical to cool the globe by some other means.