Show paragraph

If the EU, and Germany in particular, are/is not debasing their/its industrial bases due to environmental policies, both the United States and China should be taking a hard look. The US, because it is in the midst of an energy boom, and an imminent industrial boom, and because its private sector leads the world in productivity. What better way to earn more coin than by combining the effects of cheap energy with ultra-high efficiency? China because the country is climbing the wage ladder, and to achieve a - or the - spot at the top of the advanced countries league, China must become more efficient, and that implies much more thrift use of resources, and much stronger environmental standards than is the case today.