Ballmer, Doerr and other tech leaders urge support of ARPA-E |
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Ballmer, Doerr and other tech leaders urge support of ARPA-E
Microsoft CEO Steve Ballmer, venture capitalist John Doerr, Tesla Motors CEO Elon Musk and more than 100 other technology leaders today pressed Congress to support the Advance Projects Research Agency Energy (ARPA-E) program. The 3-year-old government initiative -- modeled on DARPA -- was designed to foster research projects that could help reduce the country's dependence on foreign oil.
The lobbying effort is being pushed by the National Venture Capital Association and TechNet, with a letter from the groups and the tech execs sent to Congressional leadership today.
The letter said:
"We agree that a clean, domestic energy supply and infrastructure made possible by green technologies are the foundations for America's economic recovery and the jobs of tomorrow. Specifically, a steadfast federal investment in the Advanced Projects Research Agency – Energy (ARPA-E) and the high-risk, high-payoff projects it supports will help us ensure our ongoing national security and global competitiveness. Its mission is to fund pioneering research and breakthrough technologies that have the potential to transform the way we generate, store and use energy. In much the same way that DARPA led to the creation of many high-impact innovations, we expect that ARPA-E will yield similar successes - but only if it continues to receive robust federal support. The management team in place at ARPA-E has laid an excellent foundation and now Congress must remain committed to enable our country to build further upon it."
Others signing the letter included Don O'Shei of Altarock Energy; Rick Luebbe of Energ2; and Gerry Langeler and Rick LeFaivre of OVP Venture Partners.
Related: "U.S. 'Green Czar' in Seattle"
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