that [an energy technology] at half the cost with no CO2 emissions gets
invented, this is the wish I would pick. This is the one with the
greatest impact.”<\/p>\n
<\/p>\n
Bill Gates is right. And he is not just talking about the impact on
climate change, which does of course present a major threat. He is also
talking about one of the most critical global imperatives to make
poverty history: making clean energy cheap.<\/p>\n
<\/p>\n
“If you could pick just one thing to lower the price of to reduce <\/p>\n Nearly 1.6 billion of our fellow human beings have no access to <\/p>\n The direct health consequences of using primitive solid fuels like biomass and coal are severe. According to the World Health Organization<\/a>, <\/p>\n These numbers are staggering. Energy poverty is an extreme and <\/p>\n The implication is that energy technology innovation today should be <\/p>\n Of course, driving down the price of clean energy technologies is <\/p>\n The task is clear: to eliminate energy poverty and avoid climate <\/p>\n If you gave me only one wish, then, it would be for the United States to launch a major public-private project to make clean energy cheap<\/a> (or as Google puts it, “renewable energy cheaper than coal<\/a>”). <\/p>\n The clean energy investments in the American Recovery and <\/p>\n The United States was a driving force behind the worldwide expansion Related Links:<\/strong><\/p>\n Gates Foundation ignores reality, hypes latest GMO ‘vaporware’ instead<\/a><\/p>\n Ask Umbra’s pearls of wisdom on nuclear energy<\/a><\/p>\n
poverty, by far you would pick energy,” said Gates in his introduction.
Gates should know as well as any development expert, since the Bill & Melinda Gates Foundation<\/a>—the world’s largest transparent private foundation—has invested
billions of dollars in extreme poverty alleviation since 1994.<\/p>\n
electricity, and around 2.4 billion people—over one third of global
population—meet their basic cooking and heating needs by burning
biomass, such as wood, crop waste, and dung. “Without access to modern,
commercial energy, poor countries can be trapped in a vicious circle of
poverty, social instability, and underdevelopment,” concludes<\/a> the International Energy Agency.<\/p>\n
solid fuel use causes 1.6 million excess deaths per year globally,
especially among women and children—the fourth largest risk factor
in developing countries after malnutrition, waterborne disease, and
unsafe sex, and the second greatest environmental cause of disease
overall.<\/p>\n
dangerous condition, and its elimination must be one of the highest
development priorities for the 21st century. Nobody on this planet
should be forced to burn dung to feed their family and heat their home,
and access to modern energy sources should be considered a basic human
right.<\/p>\n
considered one of the world’s most important social and economic
justice movements. The growing movement to make clean energy cheap, and
to deliver that energy globally, has the potential to alleviate as much
human suffering and injustice as some of the largest, concerted social
movements in history.<\/p>\n
also essential for reducing global carbon emissions. Until the price
gap between low-carbon and high-carbon energy is bridged, poor and rich
nations alike will continue relying upon coal<\/a> and other fossil fuels to power their development. This would virtually assure climate destabilization.<\/p>\n
catastrophe, we must unleash our forces of innovation—namely,
scientists, engineers, and entrepreneurs—to develop a portfolio of
truly scalable clean energy technologies, bring these technologies to
market, and ensure they are affordable enough to deploy throughout the
world.<\/p>\n
This requires the development of a comprehensive, strategic roadmap for
technology development and deployment, including the identification of
specific technical hurdles and the various financial and human
resources needed to overcome them. It will then require large-scale
public-private investment in each stage of the energy innovation
pipeline—from basic research and development, to applied R&D,
demonstration, direct deployment, infrastructure, and education—eventually on the scale of $50-80 billion per year of federal
investment.<\/p>\n
Reinvestment Act were an important first step. Congress should take the
next step today with a bipartisan plan to increase the federal energy
R&D budget to $15-30 billion per year<\/a>, on par with the National Institutes of Health, and to develop a comprehensive federal energy education program<\/a>.
If these investments are funded by a modest carbon price, then all the
better, but we can no longer make energy technology policy dependent on
the carbon pricing agenda. Clean energy innovation is an economic,
national security, and human development imperative, and these public
investments should be made with or without cap-and-trade.<\/p>\n
of prosperity and security in the 20th century. Today, a new American
project to make clean energy cheap can alleviate untold human suffering
and injustice, develop the world’s strongest clean energy industry, and
help save the world from climate destabilization. In short, it may be
our generation’s single greatest opportunity to advance global
prosperity in the 21st century and secure the lives of future
generations. As Bill Gates put it, “This is the one with the greatest
impact.”<\/p>\n
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