Clean Energy Innovation is a Worthy Investment
Fellow Daniel Shawhan discusses the merits of investing in clean energy innovation in an op-ed for The Hill.
"...These benefits could easily go unrealized, since many advanced energy technologies are currently not cost-competitive. Helping them become competitive depends, at least for the moment, on Congress providing the appropriations authorized for them in the Energy Act of 2020. Doing so could be a game changer, at least for the five technologies my colleagues and I have studied. Our rigorous research for Resources for the Future recently found that this additional RD&D funding would increase the estimated likelihood of future cost-competitiveness for each technology by an average of 20 percentage points."