IEA says governments should restore energy spending

The International Energy Agency recommends that governments consider restoring energy research and development budgets to at least the levels of the early 1980s. “We need to use public funds as effectively as possible in achieving” a balanced and sustainable energy mix, said Claude Mandil, IEA executive director. “There is much at stake.”His comment came Feb. 14 in Paris as he released a report entitled “Renewable Energy: RD&D Priorities.” RD&D refers to research, development, and demonstration. The IEA, which advises 26 industrialized nations, noted the study is the first of a series to address climate change challenges and sustainable energy d...

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