Climos

Geoengineering research having difficulty finding funding

September 3rd, 2008, by kevin

Business Green discusses the challenge of funding geoengineering research projects, particularly from the commercial angle. This article refers to the Royal Society collection of geonengineering papers discussed below:

Writing in the preface to the collection of papers, Brian Launder of the University of Manchester and Michael Thompson of the University of Cambridge argued that, “While such geo-scale interventions may be risky, the time may well come when they are accepted as less risky than doing nothing.”

However, several of the scientists who contributed work for the Royal Society series have today admitted that with no commercial model currently in place to monetise geo-engineering projects, they are struggling to raise the funding required to move beyond the planning stages.

Link to article

Care to comment?