When we’re talking about solving big problems there is a division between those who believe new technology will hold the key and those who believe things need to change now, even if we don’t have the perfect tools. That division was highlighted at yesterday’s talk on energy and climate by Bill Gates.
Bill Gates, former Microsoft CEO and co-chair of the Bill & Melinda Gates Foundation, spoke at Climate Solutions’ annual breakfast May 10. Our story on his talk is here and there are multiple other articles and accounts on the web. Gates basically said what he’s said before: we need major technological breakthroughs to solve climate and energy problems. To do this, he said the government needs to spend more than double the amount it currently does on research and development, and the private markets will follow. By breakthroughs, he means far-out technologies that will create a zero or very low carbon energy source. More money should be spent on renewable energy, carbon sequestration and nuclear energy, he said.
“The thing I think is the most under-invested in is basic R&D,” he said. “That’s something only the government will do. Over the next couple of decades, we have to invent and pilot, and in the decades after that we have to deploy in an unbelievably fast way, these sources.”
But even during the breakfast, this division between work in the future and work now was felt. Dean Allen, CEO of McKinstry, spoke before Gates did. He said technological silver bullets are great but “it’s often not best to wait for superman. It’s sometimes better to figure out how to take practical and profitable real time solutions where we live.”
Allen has a guest post on the Climate Solutions Blog here, if you’re further interested in his ideas. To watch Gates’ TED talk on a similar topic, go here.
Later, in a briefing with journalists, KC Golden, Climate Solutions’ policy director, said he doesn’t think all our problems will be solved by public funding. Public money isn’t a panacea, he said, but it is a critical piece of the solution for the energy sector “because the way the regulated economy works starves the energy sector of R&D money and innovation.”
If we are going to solve the energy and climate problems, what do you think we should be concentrating on – innovation or current work? Of course, the true solution would and most likely will (if we find it) include both. But which area do you think deserves more attention?