It 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 NordhausThe levels of technology investment in the energy sciences pales compared to the kinds of investment we make in the computer and bio-sciences.
Ted NordhausAfter 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.
Ted NordhausAs social values shifted through the '80s and '90s, as modern conservatism rose to power, and as the electorate became a good deal more skeptical of both government and environmentalists, these strategies, and the institutions that were created to prosecute them, foundered.
Ted NordhausWe can still cap carbon, but that needn't be at the top of the agenda that we communicate to voters.
Ted Nordhaus