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Posts Tagged ‘innovation’

Telephones, computers, electric vehicles, and other market failures

February 15th, 2013

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By W. L. Leow

In some circles in Washington, DC, the future of electric vehicles (EV) has become as hot a topic as sequestration or immigration reform. Some skeptical journalists and policymakers are rushing to declare the entire electric vehicle sector a mistake or failure at the first sign of difficulties. Their rhetoric is cogent, writing lucid, and numbers seem compelling. At first glance, the fact that Americans bought just 71,000 plug-in hybrids or all-electric vehicles in the past two years might make the EV look like a failure. The emergence of EVs, however, needs to be viewed from the framework of technology adoption and diffusion, rather than raw numbers or road trips, to tell the true story.

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Will Clean Energy be a $2.3 Trillion Victim of Congressional Dysfunction?

May 11th, 2012

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Global clean energy investment is expected to reach $2.3 trillion within a decade. Markets continue to expand 30 – 40% each year.  By 2016, the global solar market alone is expected to reach $75.2 billion. Wind energy is expected to grow by double-digits annually, reaching $93.1 billion by 2016. These enormous economic opportunities are why the Obama Administration has focused so intently on helping grow American clean energy businesses. This has not been just through the investments in 2009, but also standing up of the Advanced Research Projects Agency-energy, the issuing of the first loan guarantee for a new nuclear power plant in the United States in more than a generation, and setting ambitious auto efficiency standards that will encourage American auto manufacturers to innovate.

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Leaving $2.3 Trillion on the Table

May 24th, 2011

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The United States is engaged in a fierce global economic competition to capture a share of the $2.3 trillion clean energy market. For the countries that seize this moment, clean energy will translate into new economic growth and businesses and a large share of the 20.4 million new jobs the sector is anticipated to create by 2030. Winning this race, however, requires significant public-private partnerships and investment in clean energy deployment and innovation. The 2012 House Republican budget proposal does the opposite. It eviscerates the very investments the United States needs to succeed. Read the rest of this entry »

Break Down Bureaucracy to Get Breakthrough Technologies

March 4th, 2011

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Washington policy wonks scoffed when the Obama Administration announced last year that the Department of Energy and Pentagon were going to collaborate in developing new clean energy technologies. They thought such a shot-gun marriage was impractical and  impossible to even get off the ground. Instead, it is proving to be model for the kind of culture of cooperation between government agencies that we desperately need if we are going to move to clean energy to save money, create new jobs and reduce our dependence on foreign oil.

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Funding research funds the future

February 7th, 2011

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This piece was originally published in The Hill.

$300 million.

That’s a lot of money to spend on a government program.

But what if that program was in fact an investment, one in which $300 million could bring much more in return? If it yielded even $1 billion it would be an enormously successful investment.

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A Revolution for the 21st Century: America Needs Clean Energy Innovation and Needs it Now

November 17th, 2010

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In 1969—when UCLA Professor Leonard Kleinrock sent the first Internet message from his laboratory—and for years after, companies like Google, Facebook, Amazon and Netflix were not even imaginable. Back then, DARPA, NIST, FCC and NASA were the drivers of the nascent Internet.

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