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The federal government began its first major research and development projects in 1974. The next year saw major legislation related to energy conservation, including fuel efficiency standards for cars. Two years later came the creation of the Department of Energy.
Bill Gates • How to Avoid a Climate Disaster: The Solutions We Have and the Breakthroughs We Need
The U.S. government does more to drive the supply of energy innovation than anyone else. It’s the biggest funder and performer of energy research and development, with 12 different federal agencies involved in research…
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Bill Gates • How to Avoid a Climate Disaster: The Solutions We Have and the Breakthroughs We Need
Some companies are working on next-generation transmission that would eliminate the heat problem and reduce the cost of underground lines significantly.
Bill Gates • How to Avoid a Climate Disaster: The Solutions We Have and the Breakthroughs We Need

Then, in 2011, the United States used loan guarantees to finance the five biggest solar arrays in the country.4 China has been a major player in finding ingenious ways to make solar panels cheaper. Thanks to all this innovation, the