Among its many claims to fame, Silicon Valley is the birthplace of the Tesla, one of the world's fastest all-electric cars. But could the innovation hub's efforts to become a leader in clean technology be running out of juice? Some of the region's leaders think so, saying that other countries are swiftly developing the financing mechanisms and local markets that will give them an edge in the field, according to a recent Reuters report.
Blame, perhaps, America's love affair with the internal combustion engine. Or the country's undying commitment to keeping existing jobs intact. We're falling behind in the clean technology race. China, for instance, long known for its unfriendly attitude toward the environment, has actually emerged as a force in this sector, Reuters says.