... for instance (page 33): Over 60% of all energy R&D undertaken around the world during the past forty years has been spent on developing nuclear power. That was an opportunity/cost choice against other investments in large scale renewables, notably ocean kinetic (wave power capture; ocean current turbines etc.) and solar sources. The previous page talks about investing in technology R&D: It is not a case of having to start from scratch, either: many of these technologies already exist; they just need the investment to take them to the production levels that would make them economically competitive.
So if we had invested in renewable energy twenty years ago we probably would not be in a mess now.
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timeasmymeasure
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Date: 2008-10-26 08:20 am (UTC)Over 60% of all energy R&D undertaken around the world during the past forty years has been spent on developing nuclear power. That was an opportunity/cost choice against other investments in large scale renewables, notably ocean kinetic (wave power capture; ocean current turbines etc.) and solar sources.
The previous page talks about investing in technology R&D:
It is not a case of having to start from scratch, either: many of these technologies already exist; they just need the investment to take them to the production levels that would make them economically competitive.
So if we had invested in renewable energy twenty years ago we probably would not be in a mess now.