Thursday, June 25, 2015

Energy sustainability

The sun provides 5,000 times more energy than humans demand from industrial sources. But we do not know how to exploit enough of it.

Despite the evident need, publicly-funded research and development on renewable energy is under 2 per cent of all publicly-funded R&D. At just $6bn a year, worldwide, it is dwarfed by the $101bn spent on subsidies for renewable production and the amazing total of $550bn spent on subsidising fossil fuel production and consumption.

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