A group of prominent American businessman recently issued five recommendations on how the federal government should address the nations need for energy innovation. The American Energy Innovation Council, which includes Bill Gates from Microsoft, Jeff Immelt from General Electric, Ursela Burns from Xerox, Norm Augustine formerly with Lockheed Martin, John Doerr from Kleiner Perkins Caufield & Byers, and Tim Solso from Cummins Inc., proposes a national oversight board for energy technology policy and billions in funding for energy research, commercialization and pilot projects. These recommendations would help increase U.S. economic competitiveness, mitigate the environmental toll of energy production and improve national security, according to the report.