In 2010, the American Energy Innovation Council, composed of CEOs from multiple industries, called for the tripling of energy research and development.
The tragedy is that the riskiest investments in basic science — the first building block of a new energy future — are stalling.
The vision of a clean energy future is little better than a mirage without the resources to invest in it.
A robust clean energy industry in the U.S. will foster greater innovation in the field.
We’ve rounded up some of the media coverage of AEIC’s report, Restoring American Energy Innovation Leadership: Bill Gates and Other Business Leaders Urge U.S. to Increase Energy Research Justin Gillis | Feb 23, 2015 Investing in America’s next energy boom Norman Augustine and Chad Holliday | Feb 27, 2015 Bill Gates, CEOs call for R&D[…]
As a percentage of economic output, US funding lags well behind its western counterparts Canada, France, Denmark, and Norway, among others.
The current funding drought for scientific research is having a real and measurable effect on scientific productivity.
Historically, energy innovation has rarely become highly politicized because Republicans, Democrats and independents share a common interest in scientific breakthroughs and technological progress that improve people’s lives.
In 2009 and 2010, federal funding for energy R&D through the Department of Energy reached $6 billion (in 2014 dollars).
Tight federal budgets are one reason why energy technology R&D has stagnated, but you can blame politics as well.