(New York Times) -- Former Vice President Al Gore thought he had spotted a winner last year when a small California firm sought financing for an energy-saving technology from the venture capital firm where Mr. Gore is a partner. The company, Silver Spring Networks, produces hardware and software to make the electricity grid more efficient. It came to Mr. Gore’s firm, Kleiner Perkins Caufield & Byers, one of Silicon Valley’s top venture capital providers, looking for $75 million to expand its partnerships with utilities seeking to install millions of so-called smart meters in homes and businesses. Mr. Gore and his partners decided to back the company, and in gratitude Silver Spring retained him and John Doerr, another Kleiner Perkins partner, as unpaid corporate advisers.
The deal appeared to pay off in a big way last week, when the Energy Department announced $3.4 billion in smart grid grants. Of the total, more than $560 million went to utilities with which Silver Spring has contracts. Kleiner Perkins and its partners, including Mr. Gore, could recoup their investment many times over in coming years. Silver Spring Networks is a foot soldier in the global green energy revolution Mr. Gore hopes to lead. Few people have been as vocal about the urgency of global warming and the need to reinvent the way the world produces and consumes energy. And few have put as much money behind their advocacy as Mr. Gore and are as well positioned to profit from this green transformation, if and when it comes. Critics, mostly on the political right and among global warming skeptics, say Mr. Gore is poised to become the world’s first “carbon billionaire,” profiteering from government policies he supports that would direct billions of dollars to the business ventures he has invested in. Representative Marsha Blackburn, Republican of Tennessee, asserted at a hearing this year that Mr. Gore stood to benefit personally from the energy and climate policies he was urging Congress to adopt...Cont'd...LINK
FOR LIBERTARIAN NATIONALISM: ANTI-CORPORATIST, ANTI-COMMUNIST, ANTI-GLOBALIST...PRO-SOVEREIGNTY, PRO-POPULIST, PRO-FREE ENTERPRISE
My Other Blog & Comments
News and Information Feed
-
-
Behind the "12-Day War", by Thierry Meyssan29 minutes ago
-
-
-
-
Fox News Highlights - June 30, 20251 hour ago
-
-
-
-
-
-
-
-
-
-
THE MICROPLASTICS GENOCIDE — Kim Bright2 hours ago
-
-
-
-
-
-
-
Excitation – A New World Rising4 hours ago
-
-
-
-
-
-
Politics in a Post-Apocalyptic World6 hours ago
-
Let’s Talk about ‘Proportionality’6 hours ago
-
Gates of Vienna News Feed 6/30/20256 hours ago
-
-
-
-
-
-
-
-
-
Dollar – Debt- War & Crypto8 hours ago
-
-
-
Monday's Final Word8 hours ago
-
-
“Millions will die”8 hours ago
-
-
-
-
-
-
Open Thread9 hours ago
-
-
-
-
-
-
-
-
Beware the new eugenics11 hours ago
-
-
-
-
-
-
-
-
-
-
-
-
Why Does Communism Win?14 hours ago
-
-
-
-
Red light, green light15 hours ago
-
-
-
-
-
-
-
-
-
-
-
-
-
News Briefs – 06/30/202522 hours ago
-
-
-
-
700 Mossad Agents Busted in Iran1 day ago
-
-
-
They Got Thrashed1 day ago
-
-
-
-
-
-
Letters, We Write Letters2 days ago
-
Belsen camp3 days ago
-
-
-
-
-
The End Of Free Will4 days ago
-
-
-
Scott Horton, Iran War5 days ago
-
-
-
-
-
-
-
-
-
Korean EXTINCTION LEVEL EVENT1 week ago
-
-
Trump, the Fake “American”1 week ago
-
-
-
Get Back2 weeks ago
-
-
A World Without iPhones?3 weeks ago
-
-
-
Media Roots Radio1 month ago
-
Thursday, May 1, 20251 month ago
-
Headline 3: The Future In Prophecy2 months ago
-
-
-
-
-
-
-
TFeed Index 20245 months ago
-
-
-
-
-
Federal_Nanny_State8 months ago
-
-
-
-
Surviving this Hurricane Season11 months ago
-
Hello world!11 months ago
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Imagine Being This Desperate1 year ago
-
-
-
-
U.S. Openly Militarizes Space1 year ago
-
-
-
-
-
-
Conversations With Cabbies2 years ago
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Man, Bear, Pig Event Coming3 years ago
-
-
-
-
-
-
-
-
-
What a Wonderful Stocking Stuffer!3 years ago
-
test3 years ago
-
-
-
-
-
#273 – Marc Randolph3 years ago
-
My Farewell Announcement3 years ago
-
My Farewell Announcement3 years ago
-
-
-
-
-
-
-
-
-
-
Farewell, for now4 years ago
-
-
Audio Book Lost Colony of Hatteras4 years ago
-
-
Cancel Yourself4 years ago
-
-
-
-
-
-
-
The Non-Jewish Origins of Krav Maga4 years ago
-
-
Why the Marines are dumping their tanks5 years ago
-
-
-
-
The Socio-Sexual Hierarchy: ALPHA6 years ago
-
-
Home: A Recap7 years ago
-
Big Brother’s War on Cash7 years ago
-
-
-
-
By: Osamas Pajamas11 years ago
-
Form Post11 years ago
-
Join Our Mailing List13 years ago
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment