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Current efforts in energy-technology research, development, and demonstration (RD&D)—and in accelerated deployment of the best low- and no-carbon dioxide options that such RD&D produces??€”are woefully inadequate to the scale of the challenge. U.S. public and private spending on energy-technology RD&D totals only $5-6 billion per year, less than one percent of what we spend as a nation for electricity and fuels. The situation in other industrialized countries is no better, and in developing countries it is worse. Around the world, the energy sector?...
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