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This is from a blog post Jerome linked to:
Why Oil Really Fell Today--and Could Keep Falling - Capital Commerce (usnews.com)
Bottom line: I think research into alternative energy technology is moving ahead way faster than the Washington politicians realize. (But we still need to exploit oil and coal and nuclear to bridge the gap from a hydrocarbon to post-hydrocarbon economy.) And it is all happening without spending trillions of dollars in taxpayer money for energy-themed Manhattan Projects or Apollo programs. This possible breakthrough came from MIT's Solar Revolution Project, which was funded to the tune of $10 million by telecommunications entrepreneur Arunas Chesonis. Heroic capitalism strikes again.

The funding is already there, but the need for marketing continues.
by nanne (zwaerdenmaecker@gmail.com) on Wed Aug 6th, 2008 at 02:10:59 PM EST
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