The Dot Earth blog has a lengthy post talking about the relatively modest amount of money spent on R&D in the US on energy. I'm sure they won't mind if I reproduce the graph here:
Interesting, hey? The big band of yellow in the 1960's was for the Apollo program.
Gives some plausibility to those who say we need the equivalent of an Apollo program to get energy innovation really going. It's also amazing to note how much health consumes.
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