Detailed text transcripts for TV channel - MSNBC - 20130817:00:33:00
In the same way we talked about moore's law and the same we talked about innovation in silicon valley, solar had this same benefit in the r&d space. the problem with solar is that we weren't spending enough money on actually capturing all of those research and development benefits, until 2006, when germany was turning on the after-burners for their program. japan was doing the same, et cetera. so now, seven years later, all of that r&d has actually come to fruition, and solar is now 70, 80% cheaper than it was back in 2006. >> ghar shah, thank you so much. when we come back, how today's part...