WASHINGTON — Over the next three years, Americans will be required to replace nearly all their traditional light bulbs with cooler, more energy-efficient bulbs under a 2007 bill signed by President Bush. But almost all of the 100 production lines needed to churn out new bulbs are expected to be built overseas. Similar scenarios are likely to play out for wind turbines, solar cells and other key elements in the emerging global market for clean energy. That’s the gloomy prospect faced by federal officials and business leaders alike as they confront the twin challenges of combating climate change and trying to keep the U.S. competitive in the multi-trillion dollar race to develop and sell new energy systems. President Obama stressed the opportunities — and acknowledged the challenges — in a speech at the Massachusetts Institute of Technology in Boston today. ‘From China to India, from Japan to Germany, nations everywhere are racing to develop new ways to producing and use energy,’ he said. ‘The nation that wins this competition will be the nation that leads the global economy. I am convinced of that. And I want America to be that nation.’ Energy Secretary Steven Chu […]

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