Bill Gates: We need to invest more in clean energy 

Microsoft founder Bill Gates in the Washington Post: This country runs on innovation. The American success story — from Ben Franklin’s bifocals to Thomas Edison’s light bulb to Henry Ford’s assembly line to today’s advanced microprocessors — is all about inventing our future. The companies we ran, Microsoft and DuPont, were successful because they invested deeply in new technologies and new ideas.But our country is neglecting a field central to our national prospect and security: energy. Although the information technology and pharmaceutical industries spend 5 to 15 percent of their revenue on research and development each year, U.S. companies’ spending on energy R&D has averaged only about one-quarter of 1 percent of revenue over the past 15 years. Read more

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