Gates seeks more spending on clean energy research
June 10, 2010 Gates and other members of the American Energy Innovation
Council are releasing a report Thursday calling for annual
government spending of $16 billion - more than triple the current
$5 billion. They also want the creation of an independent National
Energy Strategy Board to coordinate federal energy research, which
the executives say is inadequate.
They plan to meet with President Barack Obama and congressional
leaders Thursday to pitch the plan. The group includes current and
former leaders of Xerox; Lockheed Martin; Kleiner Perkins Caufield
& Byers; Bank of America; DuPont; GE; and Cummins Inc.