Do Weak Environmental Regulations Hurt US Industry?

[Around the Web] In 20 years, the US has gone from leading the world in wind-energy manufacturing – with at least a dozen enterprising firms – to lagging badly, says an article in the Christian Science Monitor. Companies in Germany, Denmark, Spain, and elsewhere have grabbed the technological lead and now hold roughly 80 percent of a $8 billion market that’s growing 25 to 35 percent a year. The reason? Some experts point to lax clean-air laws in the US. That’s right. Weak environmental regulations may hurt, not help, industries by blunting their technological edge. Such contrarian logic, controversial among economists, is about to be put to the test….
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