"American energy innovation’s big moment" Part 2

"American energy innovation’s big moment" Part 2

"Yet America’s record in commercialising their inventions is abject."

"Having invented photovoltaic cells, America left it to Japan, Germany and then China—where over 70% of panels are now made—to bring them to market."

"Having poured public money into electric vehicles, notably after the oil shock of 1973, it let Japanese, Chinese and European firms commercialise them."

"The problem, suggests Nikos Tsafos of the Centre for Strategic and International Studies, is that:

"whereas politicians share an almost ideological belief in America’s genius for innovation,"

"To deploy clean tech rapidly requires two things:

that America still mostly lacks."

"One is a national climate policy to raise the cost of pollution, thereby creating demand. The other is an industrial policy sufficient to boost supply."

Talk to you Wednesday August 17, 2022