By Erin Smith The American Energy Innovation Council (AEIC) hosted an event on April 5 to discuss the rationale for investing public dollars in energy innovation. Recognizing that innovation is a driver of long-term economic growth and that the energy sector faces unique hurdles in attracting private research dollars, the event served as an opportunity[…]
Expansion Signals Growing Strength of Energy Innovation Agenda Washington, D.C.– The American Energy Innovation Council (AEIC) today announced that four leading executives have joined the council as principals, including Neal Blue, Chairman and CEO of General Atomics; Mark Burns, President of Gulfstream Aerospace; Anthony F. Earley, Jr., Executive Chair of the Board of PG&E Corporation; Thomas[…]
By Brad Townsend Data overwhelmingly shows that public investment in energy innovation can create jobs, energy savings and security benefits. In fact, smart federal investments in energy research have one of the strongest track records at creating significant economic returns for taxpayers. Declining Investment in Energy Innovation In 2010, the federal commitment to energy research,[…]
By Brad Townsend Innovation has played an outsized role in America’s economic health throughout the last century. Over the last fifty years, science, engineering and technology innovation has supported more than half of the economic growth in the United States, while building a web of innovation institutions that can serve as the foundation for American[…]
By Erin Smith Innovation is key to securing America’s security, competitiveness, and prosperity. Breakthroughs in technology have the potential to create entirely new markets and improve the productivity of existing ones, which is why most economists view innovation as a reliable driver of long-term economic growth. Advances in energy technology deserve particular attention because access[…]
The $1 billion fund shows that the private sector is an important partner in the development of clean, affordable, and reliable energy.
Fanning joins a group of America’s leading business executives who came together in 2010 to promote energy innovation.
AEIC commends Sens. Cory Gardner (R-CO) and Gary Peters (D-MI) on the introduction of legislation (S.3084) to reauthorize the America COMPETES Act.
Through passage of their respective energy bills, the House and Senate have taken a number of steps to bolster American energy innovation.
Widespread public sector investment in basic energy technology is critical to complement private investment and drive long-term economic growth in America and globally.