Environmentalism has become a special interest, incapable of addressing large, complex, and global problems such as global warming.
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 NordhausEnergy 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.
Ted NordhausWe don't make the investments we need to make, the sector fails to innovate, and then we conclude that it can't innovate.
Ted NordhausWe know that things like energy independence, getting off oil, getting out of the Middle East, and creating jobs and economic development in the new clean energy industries of the future are much higher priorities for most voters than capping carbon emissions or taxing dirty energy sources. So why not redefine our agenda as the solution to those problems?
Ted Nordhaus