Written by Ucilia Wang
Google.org (GOOG) opened up its wallet to give $250,000 to the U.S. National Academies to study how the United States and China can work together on developing and deploying renewable energy technologies.
The 18-month study will examine electrical power generation, energy storage and grid technologies, and it will build on an existing energy technology assessment by the National Academies, Google.org said Monday.
The research will primarily look at solar, wind and biomass, but will also examine enhanced geothermal systems, a technology Google.org has previously invested in.The National Academies will carry out the joint study with the Chinese Academies of Sciences and Engineering. The first meeting to discuss the project is scheduled to take place on Nov. 12. Google.org, the search giant's charitable arm, has poured millions into renewable energy and electric car companies. Google is keen on not just making money from the investments, but also on influencing national energy policies. (Don't miss "Google Lays Out $4.4 Trillion U.S. Energy Plan") The new study will recommend ways for the two countries and their private industries to set more aggressive renewable energy goals and collaborate on technologies that can be commercialized in the near future. The United States and China are the world's two largest energy consumers and greenhouse gas emitters. For more information about Greentech Media, please visit www.greentechmedia.com.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV