A tiny $10 million grant to some bright people has resulted in the discovery of a truly world changing discovery.
"This project was funded by the National Science Foundation and by the Chesonis Family Foundation, which gave MIT $10 million this spring to launch the Solar Revolution Project, with a goal to make the large scale deployment of solar energy within 10 years. "
From : http://www.sciencedaily.com/...
A simple, cheap reliable technology to convert sunlight to usable, storable energy.
This is the kind of result that comes about when really smart people are allowed to follow their ideas without any expectation of profit. In this case a seemingly outlandish effort to mimic photosynthesis worked!
As crashing vor points out, the current mantra of drill now, drill here, is a ploy to enrich oil companies bottom line while not actually drilling or producing a single drop of oil.
I hope that this technology is not owned by private entities but will instead be used to create wealth and prosperity for all humans, even bottle blonde celebrities.