04/12/2010 05:12 am ET | Updated May 25, 2011

Eric Schmidt: We Can't Afford To Lose The 'Green Silicon Valley'

[Schmidt writes]: We have been world leaders in innovation for generations. It has driven our economy, employment growth and our rising prosperity. But much of the cutting-edge research and development in key areas such as renewable energy now takes place outside the United States. There's a real chance that the "green Silicon Valley" will take root in Germany or China. We can't afford to let that happen.