Bill Gates Quotes
The most straightforward path would be if we could bring the cost of solar electric and wind down by another factor of say, three, and then have some miraculous storage solution, so that not only over the 24-hour day but over long periods of time where the wind doesn't blow, you have reliable energy. That's a path. But energy storage is hard. That's not a guaranteed path.
Gates, Bill. Interview by James Bennet. "We Need an Energy Miracle." The Atlantic, Nov. 2015.
Lott, like many other reasonably intelligent people who understood little about technology, did not realize that all the early efforts with a technology are relatively primitive and even the best ideas have to be engineered to scale and cost efficiency. A decade later, solar energy had become a significant industry in the work and the United States, which had invented many of the early technologies had lost the international lead in Solar Energy to Germany and China. The ultimate value of any technology cannot be judged by the initial technological efforts.
William Henry Gates III is an American business magnate, software developer, investor, author, and philanthropist. He is a co-founder of Microsoft Corporation. During his career at Microsoft, Gates held the positions of chairman, chief executive officer (CEO), president and chief software architect, while also being the largest individual shareholder until May 2014. He is considered one of the best known entrepreneurs of the microcomputer revolution of the 1970s and 1980s. Gates is also co-founder and chairman of TerraPower that is developing next generation traveling-wave reactor nuclear power plants, in an effort to tackle climate change.