Gore brings the big Guns to Climate Change VC
November 13th 2007 23:09
Al gore has joined one of the largest VC companies in the world, Kleiner Perkins, to help them focus their energies (sic) on investing in Climate Saving Technologies. He believes the market has to play a role in fighting Climate change and this is a very positive step towards getting Big Corporations to part with some big bucks to help out with the Climate Change solution. Let's face it you and me can only change so many light globes, we need some huge Technological advances to help us out, the only way to get those is for some real money to be thrown at the problem. The best way to get money thrown at a problem is to offer profit incentives. I totally agree with Gores arguments in the Statement below.
I expect Al Gore will come under increasing scrutiny for slowly encroaching the profit motive into his Global Warming fight but let's face it he has done a lot, it is better he is upfront about how much he makes. I guess the Global warming skeptics will use this as Ammo to say Global Warming is a conspiracy to generate wealth paralleling the Tech Boom and the Millennium bug....I might point out here: look how much better off we are with the Technologies we have, they save time and money for everyone, yes people make profits off them but those profits attract investment. The important thing is the Capital is invested legitimately into projects that genuinely contribute towards slowing Global warming and providing an alternative to Fossil Fuels. Big business is far more efficient at weeding out the snake oil salesmen than you and I ever will be.
Here is the link to the full story ,it's worth a read to get a full grasp on the types of investment needed to make a meaningful difference.
CLICK HERE FOR FIRST ARTICLE
Second good article
I expect Al Gore will come under increasing scrutiny for slowly encroaching the profit motive into his Global Warming fight but let's face it he has done a lot, it is better he is upfront about how much he makes. I guess the Global warming skeptics will use this as Ammo to say Global Warming is a conspiracy to generate wealth paralleling the Tech Boom and the Millennium bug....I might point out here: look how much better off we are with the Technologies we have, they save time and money for everyone, yes people make profits off them but those profits attract investment. The important thing is the Capital is invested legitimately into projects that genuinely contribute towards slowing Global warming and providing an alternative to Fossil Fuels. Big business is far more efficient at weeding out the snake oil salesmen than you and I ever will be.
Here is the link to the full story ,it's worth a read to get a full grasp on the types of investment needed to make a meaningful difference.
CLICK HERE FOR FIRST ARTICLE
Second good article
They argue that to halt global warming, nothing less will be required than a makeover of the $6 trillion global energy business. Coal plants, gas stations, the internal-combustion engine, petrochemicals, plastic bags, even bottled water will have to give way to clean, green, sustainable technologies. "What we are going to have to put in place is a combination of the Manhattan Project, the Apollo project, and the Marshall Plan, and scale it globally," Gore continues. "It'd be promising too much to say we can do it on our own, but we intend to do our part."
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Comment by katyzzz
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never as good as your pics tho
Comment by Howard
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"It's a death trap, it's a suicide rap;;
That's why they brainwash you when you're young;;
'Cause brainwashed kids give British Oligarchs lots of Fun!
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Comment by Rosemary
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There's the majority of don't care's and don't care enough's, and just a teeny minority who do care.
Sadly as usual, everyone gets what the majority deserve.
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Great post, very informative as usual, Louie.
Michaelie
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As long as good things happen we can all be happy.
Comment by Lilla
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Now you know I am the most brainwashed of all and I say Gore is doing a brilliant job.. power to him. The $6 billion did come from floating fossil fuel in the air, so it stands to reason that investing in clean technology is the best way to 'put it back.'
I was sitting by the bay the other day after the rains, near the stormwater drain. I watched thousands of gallons of clean water pour into the ocean...
No Nukes .. not when I can see sun and wind and rain and tidal power being wasted ... uh huh, no way jose.. not for nukes which offers nothing than a 'quick fix' to ensure that the corrupt continue to reap all the benefits... it makes sense to invest in clean green energy.
Thanks for the links, good story alright.
Lilla ...