If we take no action to provide developing countries with the right incentives, their investments today could lock in a legacy of highly polluting, less efficient technologies for which we would all eventually pay through the accelerated effects of climate changeU.S. should support Clean Technology Fund Jun 09, 2008
David H. McCormick is the former Under Secretary for International Affairs within the United States Department of the Treasury. He was sworn in on August 14, 2007. Previously, he served as Deputy National Security Advisor to the President for International Economic Affairs. Prior to that, he had been the Under Secretary of Commerce for Industry and Security. He is currently on the faculty of Carnegie Mellon's Heinz College as a Distinguished Service Professor of Information Technology, Public Policy and Management at the Washington, DC campus.
Before his government service, he had been President and CEO at FreeMarkets and President of Ariba, two publicly traded software and services companies. He also worked as a consultant for McKinsey & Company. David McCormick graduated from the U.S. Military Academy at West Point with a mechanical engineering degree, and with a Ph.D. from the Woodrow Wilson School of Public and International Affairs at Princeton University. He is a former Army officer and a veteran of the first Gulf War.
As Under Secretary of Commerce for Industry and Security, he announced at a briefing in Beijing that the United States is looking at a "qualified end-user" program that would loosen its technology export restrictions to some Chinese companies. The intention of the policy was to make American technology easier to import for Chinese companies with a record of using it for civilian purposes. He co-chaired a two-day meeting of the High Technology Cooperation Group with Shyam Saran, India's foreign secretary, in December 2005. The Group reviewed recent developments in trade and export controls.