“Energy is a sector of the economy that has been particularly resistant to innovation. This is precisely the problem. It is why we are still dependant on energy sources that are 100 to 150 years old while virtually every other sector of the economy has transformed itself. This is why we believe that the faith that many environmentalists still hold that carbon regulations and taxes will drive sufficient private sector investment into energy markets to create the kind of innovation we need is unfounded.” NeedsYearsBelieveKindHas BeensStillsProblemEnergyEconomySourceTaxesInnovationInvestmentSufficientTransformedRegulationCarbonPrivate SectorEnvironmentalistEnergy Sources Author:Ted Nordhaus
“After a brief couple of years in the late '70s, public funding for clean energy technologies dried up and has been on the decline ever since.” YearsHas BeensEnergyTechnologyCoupleLateCleanDeclineFundingClean Energy Author:Ted Nordhaus
“Skepticism about the potential to achieve the kinds of breakthroughs we need has been a self-fulfilling prophecy.” NeedsKindHas BeensSelfAchieveSkepticismFulfillingProphecyBreakthroughSelf Fulfilling Prophecy Author:Ted Nordhaus
