Posts tagged energy
US RD&D: Make it more inclusive, more impactful
US RD&D: Make it more inclusive, more impactful

The International Energy Agency’s recent Clean Energy Innovation assessment is that more than 50% of the technologies needed for the attainment of net zero greenhouse gas emissions targets by 2050 are not yet commercialized and need rapid acceleration. Considering the global climate crisis, research, development, and demonstration (RD&D) spending on clean energy needs to be higher and more effective. Bipartisan support for spending on clean energy innovation has been a fixture of the US Congress over the past decade. Now as Congress debates the path forward for this investment, more attention should be given to how to improve outcomes from new appropriations.

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Climate SmartClimate Policy LabAuthor - Kelly Sims Gallagher, energy, energy RD&D, 2021, policy brief Comments
The Important Outcomes of Mission Innovation: First Evidence
The Important Outcomes of Mission Innovation: First Evidence

It’s been over ten years since the 2009 financial crisis economic stimulus packages targeted clean energy companies and today’s headlines highlight the payoff. Clean energy companies outperformed the S&P 500 in 2019 and looks poised to payout even more to investors in 2020. Tesla received a $465 million federal loan during the U.S. 2009 stimulus to design electric vehicles and begin manufacturing and its market capitalization surpassed that of ExxonMobil earlier this year. Tesla is not the exception to the rule. A comprehensive study of the US Department of Energy’s SBIR grant program found that the awards led to positive impacts on patenting and revenue innovative companies.

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Climate SmartClimate Policy Labmission Innovation, climate smart, climate, energy, energy innovation, clean energy, Kelly Sims Gallagher, energy transition, energy RD&D, sustainability transitions, clean tech, technology adoption, oil, offshore wind, Author - Zdenka Myslikova