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U.S. Senator, State of Delaware
Member, Senate Appropriations
Recently, a bipartisan, bicameral bill, the IMPACT for Energy Act, was introduced to establish a nonprofit foundation that will channel private-sector investments that support the creation, development, and commercialization of innovative technologies that address ongoing energy challenges. Today’s energy challenges are complex. Viable energy solutions involve multiple partners in government, industry, and academia. The pace and scale of these projects require partnerships between public and private entities to negotiate all stages of the innovation pipeline. While Research, Development, Deployment, & Diffusion (RDD&D) has long relied on public-private partnerships, the U.S. has experienced investment changes. RDD&D is essential for driving innovation and… [more]
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Professor of Physics
City College of the City University of New York
Encouraging energy R&D, substituting solar, wind, and safe nuclear energy for fossil fuels is a big plus for safeguarding the global environment. But it is also a vital step in fighting terrorism. For many decades, the Organization of Petroleum Exporting Countries, or OPEC as the international cartel is commonly known, successfully regulated world oil supplies and thereby the price of a barrel of oil on the international market. By doing so it filled the national treasuries of Saudi Arabia, Iran, Iraq, Venezuela and nine her nations across the globe, giving them an outsized role on the stage of world affairs,… [more]
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