The Motley Fool Discussion Boards
Industry Discussions / Nanotechnology
|Subject: WHITE HOUSE NEWS-NANOTECHNOLOGY||Date: 3/14/2000 8:59 PM|
|Author: WalkerTed||Number: 77 of 3861|
WHITE HOUSE NEWS-NANOTECHNOLOGY
"A new $495 million National Nanotechnology Initiative. Nanotechnology - the ability to manipulate individual atoms and molecules - could revolutionize the 21st century in the same way that the transistor and the Internet led to the Information Age. Increased investments in nanotechnology could lead to breakthroughs such as molecular computers that can store the contents of the Library of Congress in a device the size of a sugar cube, and new materials as strong as steel but ten times lighter."
March 14, 2000
CIVILIAN RESEARCH AND DEVELOPMENT (R&D) -- AN UNPRECEDENTED COMMITMENT
THE WHITE HOUSE
Office of the Press Secretary
For Immediate Release March 14, 2000
CIVILIAN RESEARCH AND DEVELOPMENT (R&D) --
AN UNPRECEDENTED COMMITMENT
March 14, 2000
To accelerate the pace of discovery across all disciplines in science and
technology, the President has requested an unprecedented $3 billion
increase in the 21st Century Research Fund, the largest increase in
civilian research in a generation. The President?s FY2001 requested
increase for the 21st Century Research Fund includes a $1 billion increase
in biomedical research at the National Institutes of Health and double the
largest dollar increase for the National Science Foundation in its 50 year
history. These investments will ensure that science and technology will
continue to fuel economic growth and allow Americans to lead longer,
healthier lives. These investments also will enable America to continue to
lead in the 21st century by increasing support in all scientific and
engineering disciplines, including biomedical research, nanotechnology,
information technology, clean energy, and university-based research.
Specifically, this infusion of funds will enable researchers to tackle
important scientific and technological challenges, and will lead to:
Continued American prosperity in the 21st Century: With rapid growth,
increased productivity and rising standards of living, the U.S. economy is
thriving in large part because of our technological leadership. Science
and technology have become the engine of America?s economic growth:
information technology alone accounts for 1/3 of U.S. economic growth, and
is creating jobs paying almost 80 percent more than the average
private-sector wage. Many of the technologies, such as the Internet, that
are fueling today's economy are the result of government investments in the
1960's and 1970's.
Longer, healthier lives for all Americans: In the last 100 years, the life
expectancy of the average American has increased by almost 30 years, as a
result of breakthroughs such as antibiotics. Today, we are on the verge of
even greater scientific advances, and continued investment in
health-related research could lead to greater life expectancies and better
quality of life.
Educating America's high-tech workforce: The President?s investment in
university-based research will help spur innovations in new technologies
and treatment, while preparing the next generation of leaders in science,
engineering and technology.
Cleaner energy for a cleaner environment: Research can help America create
cleaner sources of energy and energy-efficient technologies, such as fuel
cells that emit only water, cars that get 80 miles per gallon, and
bioenergy derived from new cash crops.
New insights into the world around us: Increases in funding for
science-based research can lead to revolutionary breakthroughs in our
understanding of the world around us and beyond.
1. $1 billion increase in biomedical research at the National
Institutes of Health. This funding level will support research in areas
such as diabetes, brain disorders, cancer, genetic medicine, disease
prevention strategies, and development of an AIDS vaccine.
2. A new $495 million National Nanotechnology Initiative.
Nanotechnology - the ability to manipulate individual atoms and molecules -
could revolutionize the 21st century in the same way that the transistor
and the Internet led to the Information Age. Increased investments in
nanotechnology could lead to breakthroughs such as molecular computers that
can store the contents of the Library of Congress in a device the size of a
sugar cube, and new materials as strong as steel but ten times lighter.
3. A $675 million increase in the National Science Foundation -- double
the largest dollar increase in NSF?s history. This increase will boost
university-based research and ensure balanced support for all science and
engineering disciplines. NSF accounts for half of all non-health
4. A $594 million increase in information technology research, to a
total of $2.3 billion. This increase in information technology research
could lead to advances such as high-speed wireless networks that can bring
distance learning and telemedicine to isolated rural areas; and
supercomputers that can more accurately predict tornadoes and hurricanes,
and more rapidly develop life-saving drugs.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|