“Over 90 percent of subsidies are on deploying technology and not on R&D. You can buy as much old technology as you want, but you won’t get breakthroughs which only come out of basic research,” Gates said. “If we don’t have innovation in energy, we don’t have much at all.”
The Bill and Melinda Gates foundation is the largest public philanthropic organization in the world. At Wired Business conference Bill Gates said
“Over 90 percent of subsidies are on deploying technology and not on R&D. You can buy as much old technology as you want, but you won’t get breakthroughs which only come out of basic research,” Gates said. “If we don’t have innovation in energy, we don’t have much at all.”
He continued:
“The good news about nuclear is that there has hardly been any innovation. The room to do things differently is quite dramatic”
Gates interest about nuclear fusion inspired Defkalion GT to include his presentation from TED, “Innovating to Zero” as a part of their press conference in Athens on June 23th. With an endowment of over $36 Billion dollars, the Bill and Melinda Gates foundation will surely invest in many great disruptive technologies coming years.
And according to a newly translated post on E-catworld.com there seems to be more companies willing to invest large money in future nuclear R&D, namely nuclear driven cars, or more specific, E-cat driven cars.
Originally reported by E-Catworld, and translated by a Greek reader, Defkalions GT President Alexandros Xanthoulis reveal some interesting expansion plans and R&D agreements in this video interview by Xanthi Press:
They have made deals with car companies in the R&D sector in order to research the application of the e-cat in cars, also the same applies for ships.
READ THE FULL ARTICLE ON ECATREPORT.COM
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