23 Nov '11, 12am

Bill Gates Calls for Federal Government to Vastly Increase Investments in Renewable Energy R&D

Bill Gates chimed in to express support for the federal government's role in investing in renewable energy - perhaps he's had enough of the Solyndra-bashing, which has been turning the public away from solar energy and federal investment in clean energy technologies. In an editorial in Science Magazine, he says he not only wants the federal government to continue investing in clean energy research and development, he wants it to increase spending from the current $5 billion a year to $16 billion a year. "In a time of economic crisis, asking policymakers in Washington, D.C., to spend more money might not be the most popular position. But it's essential to protect America's national interests and ensure that the United States plays a leading role in the fast-growing global clean energy industry," he writes. "There is really no other choice. Carbon-based fuels are prone to wi...

Full article: http://www.sustainablebusiness.com/index.cfm/go/news.disp...

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