
Hedge-fund manager George Soros is the latest billionaire to throw his money behind clean technology. Soros announced yesterday that he will be investing $1 billion in clean energy technology and will also be spending $100 million to create a climate policy advisory organization.
He made it clear that his investments would be based on profitability, but should also "actually make a contribution to solving the problem." He will donate $10 million over 10 years to the Climate Policy Initiative, which will advise policy makers, but also serve as a watchdog group to protect public interest as environmental policies are developed in the U.S., China, Europe and India.
These large investments from leaders in the business world show that clean energy projects are moving away from being just a niche interest to a mainstream one. Studies have shown the great potential of renewable energy technologies if the funding increases, so the more moguls, tycoons and leaders we can have supporting them, the better.
via Bloomberg

written by bill, October 12, 2009
written by MD, October 12, 2009
Why not fund an eco home building group like Habitat, instead of having piss poor stick built houses being built, he could get the group to build eco/power friendly homes..
Starting with my house!
Fixing all the crap houses here in the USA will help in fixing the energy consumption problems most of us poor ass working people are facing!
written by Anthony, October 13, 2009
written by valves manufacturer, October 13, 2009
written by One Green Gnome, October 14, 2009
written by ugg boots sale, October 14, 2009
written by Envirofemme, October 15, 2009
Lets hope other investors follow his lead...
written by lewport, October 15, 2009
written by cheap ugg boots, October 19, 2009
written by christian louboutin shoes, October 22, 2009
Sale at Shoes Boots Stores London UK Including Christian
Louboutin Wedding Shoes,Christian Louboutin Pumps,Christian Louboutin
Boots and Christian Louboutin Sadals. Buy cheap
Christian Louboutin Pumps?
in Shoesboots.co.uk,50% OFF,No Sale Tax!
written by Timberland Work Boots, October 22, 2009
written by genuine ugg boots online, October 22, 2009
written by Mia, October 23, 2009
written by tiffany and co, October 23, 2009
Why not fund an eco home building group like Habitat, instead of having piss poor stick built houses being built, he could get th
written by mark spencer, October 25, 2009
| < Prev | Next > |
|---|
OCT 12
"Six marine policemenCheap Uggs searched PSS Pollu and discoveredUgg S..."
View all Comments