If anyone was hoping that American business leaders would rise to the challenge and display bravery in the face of America's Energy security threats, they will be disappointed. A group of eminent American business leaders recently formed a group, the American Energy Innovation Council, that is calling for a revolution in American energy technology. However, the report falls short in comparison to a similar report issued by a group of British executives just a few months ago.
The U.S. report, sponsored by no less than Bill Gates, founder of Microsoft, Jeff Immelt, CEO of General Electric, and John Doerr of Kleiner Perkins (the venture capital firm), among other American corporate luminaries is available at the following link:
The report purports to prod debate and action on U.S. energy policy.
While the report churns out much lofty language warning about the deficiencies in America's energy systems, oil security and energy infrastructure, and urges the government to triple energy research spending from $5 billion to $16 billion per year, the report sponsors came up considerably short in comparison to their British peers, who issued a report of their own just a few short months ago:
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