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Saturday, June 14, 2008

Facts & Figures-32: US spending for Energy Research

According to the International Energy Agency, U.S. spending for all energy research - nuclear, wind, coal, solar, biofuels, etc - was a meager $3.2 billion in 2006. The Pentagon spends that much in about 40 hours.

Excerpt from the article, ‘Uncle Sam Needs to Solve the Energy Crisis’ by Jeffrey D. Sachs in the May. 29, 2008 issue of TIME.

http://www.time.com/time/printout/0,8816,1810308,00.html#

Grateful thanks to Mr.Jeffrey D. Sachs and TIME.

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