Energy Research Funding Declining

Experts warn that existing green alternatives are not enough to meeting the world's growing energy demands. But government and private investment in energy research has fallen.

1 minute read

October 31, 2006, 5:00 AM PST

By Abhijeet Chavan @http://twitter.com/legalaidtech


"...research into energy technologies by both government and industry has not been rising, but rather falling...In the United States, annual federal spending for all energy research and development - not just the research aimed at climate-friendly technologies - is less than half what it was a quarter-century ago...more than four dozen scientists, economists, engineers and entrepreneurs interviewed by The New York Times said that unless the search for abundant non-polluting energy sources and systems became far more aggressive, the world would probably face dangerous warming and international strife as nations with growing energy demands compete for increasingly inadequate resources. Most of these experts also say existing energy alternatives and improvements in energy efficiency are simply not enough."

Sunday, October 29, 2006 in The New York Times

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