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Is There a Future for Energy Innovation?
Our annual spending in the United States and constant dollars on R&D research and development for energy was about $5 billion. And then it's just dribbled away since then. In 2006, it was declining R&D in energy at a time of global warming. The more people are producing batteries, the cheaper they'll get. This is Elon Musk's path and many others. We need that as much as this.