The document discusses opportunities for the US to become a leader in reducing greenhouse gas (GHG) emissions through business opportunities in low-carbon energy and virtualization. It argues that the US can capitalize on its leadership in industries like Hollywood, Silicon Valley, and universities to advance virtualization technologies that reduce material consumption and GHG emissions. The document also outlines strategies like providing carbon rewards rather than penalties, making ICT services more energy efficient, utilizing renewable energy for data centers, and training IT staff in carbon accounting.