Blog
Innovation in a Material World
21st March 2010
A big hat tip to Henry Coverdale from KES Birmingham for spotting this excellent resource linking innovation to environmental strategies. Henry writes:
The potential solution to our energy needs. I caught this on Radio 4’s Material World on my way home last night: Nano-technologists from the University of Cincinnati have developed a new method for creating artificial photosynthesis. This can produce c.20% more energy than the best biofuels and 10x more than Bioethanol from plant crops, is over ten times cheaper, and doesn’t have the same resource requirements in terms of water or arable land. All-in-all a good example of the ingenuity that the incentive function of high energy prices brings. The discussion on Radio 4 is useful for more figures, listen here, starting at 22:10.
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.