The American Government Supports The Energy Industry Through Large Investments For Research And Development

1286 WordsApr 16, 20156 Pages
The American government supports the energy industry through large investments for research and development. The stability and corruption of the American government is a debate continuing today. America is viewed as one of the most powerful countries, although it has been weakened in the past. The public view of safety in America varies, as there are thoughts as to whether the American government is a main target of terrorism. America is one of the most competitive countries worldwide, thus making it difficult to have a small business there. However, overall the American government supports the important sectors of the economy in order to create a better future for its nation. Over the years, the American government has helped the…show more content…
Innovation and Technology centres in Houston have great benefits on the energy industry. By encouraging innovation and technology, Houston brings forward positive changes in a number of factors that benefit the energy industry, including efficiency, productivity, quality and competitiveness. Fitzgerald describes innovation as the ‘ticket to the future’ (Joyner, 2010, pp. 1) It is achieved through brainstorming fast and new ideas, focusing on the big picture, and knowing the needs of the market. The fundamental role of technology, in the energy industry specifically, is achieving great advancements to improve the status of the current industry. This could consist of increasing output, improving effectiveness, or enhancing use. Within Houston specifically, there are a number of innovation and technology centres that aim to find new solutions and inventions for the future of the globe. For example, the Shell Technology Centre, based in Houston, employs roughly 2000 innovators, including scientists, technologists and engineers. They work towards finding ‘solutions for current and future energy challenges’ (Shell, 2015, pp. 1). Such centres have a great influence on the development of the energy industry, as they support and accelerate the emergence of new technologies, beneficial to the energy industry. Over the years, we will
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