For the millionth time, say it with me now: Innovation is NOT synonymous with R&D! Deployment drives innovation. Any serious innovation agenda includes subsidy and/or regulation to drive early markets, deployment and maturation of emerging technologies AND lots more $ for R&D.
That's how we made wind, solar, and batteries cheap. That's how we got the shale gas revolution. And that's how we're going to make a full suite of climate solutions affordable and scalable for global diffusion.
If you're really serious about an innovation agenda to confront climate (and I am!), a big R&D spend is both totally necessary and wholly insufficient. /End
PS, if you want to go deeper, here's my testimony to the Senate Energy Committee on a national clean energy innovation policy agenda, circa 2012. Little in the way of fundamental insight has changed since then. bit.ly/JenkinsTestimo…
