All of the barriers to innovation in the energy sector are arguments for a big commitment to public investment. Only the public sector can make the kind of long-term, common investments that we need to overcome those barriers to innovation.
Ted NordhausSkepticism about the potential to achieve the kinds of breakthroughs we need has been a self-fulfilling prophecy.
Ted NordhausIt is worth noting that virtually every alternative energy source we have - solar, wind, nuclear, and battery and fuel cell technologies for storage - resulted from public innovation and R&D, not private. The problem is that we haven't done enough of it, and we have done it inconsistently.
Ted NordhausEnvironmentalism has become a special interest, incapable of addressing large, complex, and global problems such as global warming.
Ted Nordhaus