MIT Technology Review: U.S. Commitment to Energy Research Still Insufficient, Say Business Leaders

Five years ago the American Innovation Council, a group of six prominent business leaders including Bill Gates and GE’s CEO Jeffrey Immelt, published a “business plan for America’s energy future,” which included recommended investments the group said would “unleash America’s technological potential” in a way that would reduce our reliance on fossil fuels.

At the time it didn’t feel like such a stretch. Excitement about new energy technologies was riding high, thanks in large part to the big infusion of stimulus funding the year before. Five years later, there has been so little progress that the group’s second report, published this week, reiterates several of the exact same recommendations from five years ago.

Read the full story >>