Regular reminder that pretty much everything defining the modern energy sectorโwind, solar, shale O&G, li-ion batteries, EVsโhas its roots in a brief period in the 70s when we actually spent $$$ on R&D. We can and should do it again. Chart from @ITIFdc. pic.twitter.com/4fmGszVov2
โ Tim Latimer (@TimMLatimer) October 30, 2020
Exactly. I think itโs largely a libertarian self-interested myth that weโve reached an impassable technological logjam. Itโs mainly lack of spending and spending in areas with poor potential returns. That is something that could be changed. Probably wonโt be, but could be.