"Obama Admin Will Speed Reviews of 'Green' Patents"

"The Obama administration vowed today to streamline the patent review process for 'green' technologies and committed $100 million for federal research, development and demonstration projects.

The U.S. Patent and Trademark Office will expedite the examination of applications for 'green' technologies, which could range from building-integrated photovoltaic materials to electric vehicle batteries. The pilot program is aimed at reducing the patent review time from 40 months to 12 months, a move that will enable inventors to secure funding and launch businesses more quickly, Commerce Secretary Gary Locke told reporters today."

Michael Burnham reports for Greenwire December 7, 2009.

Tuesday, December 8, 2009