Saturday, April 12, 2008

Californians' power bills to bankroll climate institute

This is (potentially) a great concept. It could be accelerated by focusing on significant power-generation improvements (i.e., help utilities profit from investing in new technologies that have a secondary effect of reducing carbon release). Who knows, maybe they'd even provide matching funds if they were allowed to keep more of the profits. However, it may just be a process to raise money for more research, without the necessary focus on commercialization. Time will tell.

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