Why Energy Companies Invest Next to Nothing in Innovation

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Photo: EPL Don’t pay attention to those oil company ads that claim they’re devoting time and resources towards working on clean energy solutions — just look at the graph below. The chart, which Climate Crocks reminds us of today , shows just how little the energy sector spends on research and development compared to other innovation-based industries. 0.3%. That’s practically nothing — we’ll never see… Read the full story on TreeHugger

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Why Energy Companies Invest Next to Nothing in Innovation

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Posted by on February 8, 2011. Filed under News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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