Stuart Powell

Ecoshot Stuart Powell

It's a serendipitous time in history. The world is transitioning into the next industrial revolution - the Clean Revolution - which will transition the global economy away from fossil fuels and towards cleantech. The energy and transportation sectors account for a combined $4 trillion economic opportunity, which will only grow as the population and the middle class grow around the globe over the coming decades. Transitioning to a global clean economy will lead to the greatest economic opportunity for the most innovative countries. Over the past three decades, China has made significant investments in cleantech through supportive industrial policies, making Chinese companies the top manufacturers for solar, wind, and electric vehicles. China is also entering the driver seat for climate leadership, as the US plans to withdraw from the Paris Climate Agreement. We have a new space race against China, and it's time to launch a moonshot-scale initiative to regain our innovative leadership. America's national leaders need to put policies in place to ensure America is part of this $4 trillion opportunity by putting forward bold policies to support American scientists, investors, businesses, and jobs through innovation, tax reform, regulatory reform, and state grants. The door is closing to catch up to China and to address carbon emissions. It's time to mobilize as a nation and launch an EcoShot!