Subscribe free to our newsletters via your
. 24/7 Space News .




ENERGY TECH
Bill Gates urges US to put billions behind energy revolution
by Staff Writers
Washington (AFP) June 13, 2010


Microsoft founder Bill Gates urged the United States Sunday to invest billions of dollars a year to bring about a clean energy revolution that would free it from dependence on oil.

In an interview with ABC "This Week," Gates said the disastrous oil leak in the Gulf of Mexico raises the question "how did we get an energy infrastructure that is this fragile?"

Gates and his American Energy Innovation Council last week called for an 11-billion-dollar increase in annual investment in research and development into clean energy technology to 16 billion dollars a year.

"You know, we've got a supply chain where we send a billion dollars a year overseas and you can imagine that there will be disruptions," he said.

"But, in fact, the only real solution is to take American ingenuity and fund R&D to get energy in different forms (so) that we're not sending this much money away and that it's stable and reliable," he said.

The AEIC report released June 9 called for a public commitment to funding innovation in clean energy sources, arguing that individual companies are unlikely to make huge investments needed to make new energy sources commercially viable.

But Gates acknowledged that the US budget was tight.

"The question is can the energy sector finance its own revolution and create these great R&D jobs here in America?" he said.

"The only way you get those things is through the breakthroughs. And I'm optimistic they're there, but we're not making the investment," Gates said. "Today we spend only about four billion dollars on energy R&D compared to 30 billion dollars on health, 80 billion dollars on defense."

.


Related Links
Powering The World in the 21st Century at Energy-Daily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








ENERGY TECH
Cyclone Power Technologies Receives Fifth U.S. Patent
Pompano Beach FA (SPX) Jun 10, 2010
Cyclone Power Technologies has announced that the U.S. Patent and Trademark Office has issued a Notice of Patent Allowance on the centrifugal condenser of the Company's heat regenerative external combustion engine. The patented centrifugal condenser, comprised in part of 40 stacked aluminum plates with over 60 sq.ft. of total surface space, serves to quickly and efficiently cool the steam ... read more


ENERGY TECH
Model Helps Search For Moon Dust Fountains

NASA Langley to Break Ground on Hydro Impact Basin

The Earth And Moon Formed Later Than Previously Thought

Old Moon Rover Beams Surprising Laser Flashes To Earth

ENERGY TECH
A New Model To Explain Absence of Organic Compounds On Mars Surface

Radar system tested for Mars rover landing

Mapping Project Consistent With Huge Historic Seas On Mars

Detailed Martian Scenes In New Images From Mars Orbiter

ENERGY TECH
Elbit Systems To Unveil EoShiel

Continued Development On 18 Small Business Tech Transfer Projects

ESA Astronauts At ILA In Berlin

Doctor Needed In Antarctica

ENERGY TECH
China eyes Argentina for space antenna

Seven More For Shenzhou

China Signs Up First Female Astronauts

China To Launch Second Lunar Probe This Year

ENERGY TECH
Russian Mission Control Raises ISS Orbit

ISS Orbit Adjusted Prior To Soyuz Spacecraft Docking

ISS Expedition 23 lands safely in Kazakhstan

China May Become Space Station Partner

ENERGY TECH
South Korea Delays Rocket Launch

SpaceX Achieves Orbital Bullseye With Inaugural Flight Of Falcon 9 Rocket

Pratt and Whitney Rocketdyne Celebrates 50 Years

Space Industry Leaders And Astronauts Congratulate SpaceX

ENERGY TECH
Exoplanet Caught On The Move

'Out Of Whack' Planetary System

Weird Orbits Of Neighbors Can Make 'Habitable' Planets Not So Habitable

Get It While it's Hot! Star Devours Planet

ENERGY TECH
Second Life creator Linden Lab laying off staff

Zynga launches new Facebook game, 'FrontierVille'

Asian computer firms betting on a 3D future

Integral Systems Awarded Contract To Support LS1300




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement