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Bill Gates Calls For Boost In Federal Investment In Clean-Energy Research And Development

By Brad Johnson on September 16, 2011 at 11:00 am

"Bill Gates Calls For Boost In Federal Investment In Clean-Energy Research And Development"

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During a Hill briefing earlier this week, Microsoft founder Bill Gates highlighted the importance of energy innovation, stating, “There is a need for government to be involved in funding research. We have seen this in the medical sector and the IT sector. The benefits to society of research are broad enough that if you just count on the private sector alone, you have very dramatic underinvestment.” The briefing, hosted by the American Energy Innovation Council, featured other private-sector titans, and the release of a new report that makes the case for expanding funding of programs such as the Energy Department’s Advanced Research Projects Agency-Energy (ARPAE) to help increase U.S. economic competitiveness, security and more.

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