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Nokia is also typically more efficient when it comes to how it builds a phone. While an iPhone requires around 1,000 components, Garcha says Nokia's 5800 needs only half that number. "Having an extra 10 or 20 dollars on your bill of materials doesn't matter when you're selling your phone at $600," he says. "Think about making it a smart phone at $100 a few years from now: $20 of cost is 20 percentage points of margin. It actually becomes very important...
...most innovative is a proposal from Microsoft founder Bill Gates to redirect or shrink hurricanes by cooling the waters where they are generated. Since hurricanes gather strength over tropical waters such as the Caribbean and the Gulf of Mexico, cooling them would weaken the storms before they made landfall. The plan calls for huge ocean-going tubs that would use waves and turbines to push down the hotter surface water while sucking up the cooler water from below. (See an interactive graphic on the worst natural disasters in U.S. history...
...newcomer to the capital, fights for money in Congress, there's a bigger battle brewing over the carbon cap-and-trade bill. Co-sponsored by Democratic lawmakers Henry Waxman and Edward Markey, the bill barely passed the House last month and will soon be taken up by the Senate. The legislative fight has mostly centered on how tight the carbon caps should be, but part of the revenues created by the cap - which would require some companies to pay for carbon credits - will be directed to energy research and development...
...trade was revised in Congress, though, that number has dwindled - the current bill would channel perhaps about $10 billion a year to energy research in its early stages - but not solely for clean energy. By contrast, on the campaign trail Obama promised to spend $150 billion over 10 years just on clean-energy research. On July 16, an assortment of 34 Nobel Prize winners wrote a letter to Obama, calling for more support for energy research and development in the climate bill. "We need a much larger investment than what we're getting," says Jesse Jenkins, director of energy...
...government's defense, the stimulus bill has directed further billions toward clean energy, and the new levels of funding will be higher than anything the industry has ever known. But other nations, especially in Asia, are still beating us. China is reportedly investing up to $660 billion over the next decade in clean energy and research. South Korea is planning to invest close to 2% of its GDP each year, or about $85 billion over five years, in clean tech. And Japan is aiming for a twentyfold expansion in installed solar by 2020. Meanwhile executives in American clean-energy companies...