US Funding Five Game-Changing Energy Projects
coondoggie writes "Taking aim at developing some progressive energy technologies the US Department of Energy said it will write a $130 million check to develop five areas, including plants engineered to replace oil, thermal power storage, rare earth alternatives and what it calls the energy equivalent of an Internet router."
I love this R&D. We have a solid science base (in spite of the gutting of during the 80s and through the 00's). We have loads of inventions and developments. The problem is that we simply allow other nations esp China to simply take it. That has to stop. China has been subsidizing companies to go there, which is total bs. This R&D needs to require that any company picking it up remain in the USA with the tech. Simple as that. All of Asia does. All of EU does it. Only US and UK do not do this. We need to rebuild our own economy.
I prefer the "u" in honour as it seems to be missing these days.
Oh boy, $130million to create new energy solutions. That about what the computer systems in an SR-71 Blackbird costs. Guess the DoD will have to go without until next year's budget. Seriously though this is pathetic. $130million isn't shit. It's a laughable sum for any kind of major research project, let alone what is arguably the most important human challenge being faced today. Even $130bn would be too little spent in my opinion.
Hi,
Imagine if we had an extra12 Trillion to spend on green energy. We could put $10,000 solar panels on 100M houses - almost every freaking house in the US. I am not saying it is a wise decision. Just saying that is the power of 1 Trillion dollars. That is also about HALF what we will pay in interest on our debt over the next six years.
Just a friendly reminder that the U.S. is getting itself closer and closer to insolvency. Between a grossly over-funding military, entitlements out the ass and a belief that the rich should get more and more tax cuts, we are getting closer to not being able to pay our bills.
Depending on how you look at the budget, we spend 780B to 900B on defense related funding (depends on whether veteran benefits are military or entitlement)
Social Security is 750B
Income Security is 570B
Medicare is 500B
Health is 400B
Interest is 250B
There is about 600B in miscellaneous other areas. And we will run up a tab of $1.6Trillion in the process. Grand total of around 16Trillion in debt.
I am all for funding science. This is an area that has an investment effect in the economy. The military has almost no payback relative to the investment. Other areas listed about don't either.
Yet with the exception of the military you won't see any of the above numbers drop (and military might not either). Interest paid out is expected to double by 2015. So where does science funding end up? It doesn't take a rocket scientist (I see what I did there) to figure it out. Other countries will be able to fund scientists and I surely expect the brain drain effect to take place. The US will lose (continue to lose?) its best and brightest to countries who value science.
If you are a Democrat, you are an idiot. Sorry. This is the truth. If you are a Republican (as I was once a Republican) you are even dumber. The Republicans brag about cutting 40B out of the budget when we are running $1,600B deficits. Democrats cry that we just need to raise income tax on the rich (or return to where they were a few years ago) and things will be hunky-dory. Republicans swear that if we increase taxes, the US will go to hell.
The reality is we need to cut back spending. If we increase taxes, it will cover about 1/3 of our deficit... but we need to return income taxes to pre-Bush levels. We need to seriously evaluate how much we want to spend on social programs and then we need to fund our future. And it should not be in the form of an IOU to China.
If you want to see science funded, we need to get serious about balancing our budget.
See my journal for slashdot ID's by year. Mine created in 2005. http://slashdot.org/journal/289875/slashdot-ids-by-year
We played that alternative renewable energy game 30 years ago. Quietly. Saved an extra +$100k to do better things than to heat or cool our house, like paying tuition, paying off our mortgage early and finding good naturist beaches.
Conservation and passive solar can replace more than 50% of the energy you--not ME--waste. Easy. High Energy Advanced Thermal Storage (HEATS) -- BTDT ca. 1980. We even have almost free air conditioning from long underground pipes.
Research? Make a list of what's already been done and change the building codes to require more insulation, air-to-air heat exchangers, solar hot water, PV panels, credits for being good [with energy]. This is OLD tech. We got our $3300 tax credit and turned it into a +3000% return. Pretty sweet!