Wednesday, October 14, 2009

Why we won't save the world.

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As General Electric — sometimes viewed as a US national champion despite the fact that 53% of its assets reside elsewhere — told Congress this week
Such measures would be counterproductive from the point of view of combating climate change because they would deter innovation and technology deployment.  In addition, they would be severely detrimental to US export interests … Companies will be careful to avoid licensing technology or even selling products to customers in countries where those customers could reverse engineer, take and use the intellectual property rights.
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