Al Gore's next act: Planet-saving (Fortune Magazine)

Al Gore's next act: Planet-saving VC

The recovering politician is teaming with a legendary venture capitalist and bigtime moneyman to make over the $6 trillion global energy business. A Fortune exclusive

(Fortune Magazine) -- It's lunchtime on Sand Hill Road, and Al Gore wants answers. "How does the efficiency decline with latitude?" he asks. "What size community could be served by one plant? If a manufacturer like GE wanted to make smaller turbines, would the technology support a smaller scale?"

..............

Gore appears utterly comfortable with this drill, but in fact he's engaging in some on-the-job training. The recovering politician, environmental activist, and Nobel laureate is adding another title to his résumé: venture capitalist. After "a conversation that's gone on for a year and a half," according to Gore, he has decided to join his old pal John Doerr as an active, hands-on partner at Kleiner Perkins, Silicon Valley's preeminent venture firm.

According to Doerr, by 2009 more than a third of Kleiner’s latest fund, which was raised in 2006 and totals $600 million, will be invested in technologies that aim to reduce emissions of carbon dioxide. Already Kleiner has invested more than $270 million from various funds in 26 companies that make everything from microbes that scrub old oil wells to electric cars to noncorn ethanol. Twelve of Kleiner’s 22 partners now spend some or all of their time on green investments.

much more at:
http://money.cnn.com/2007/11/11/news/newsmakers/gore_kleiner.fortune/index.htm?postversion=2007111208

:D

Thank you, Swamp Rat! NeoGore IS the One!:toast:

I am a working class American who does not have the millions others have to get in on this green investing revolution that will seek to mitigate CO2 emissions.... so how about devising a way for the workers of America to be able to invest some of their hard earned money into these technologies as well to see a profit from it while saving the planet? Some kind of green investment tool like a 401K that allows you to designate a certain percentage of your income to go into green technologies while receiving a profit from the investment deposited to the account? Employers could also get inventives for offering such a vehicle and it may even turn them green in the process. If we are to see real progress on this and make all feel as though they are part of the solutions to this crisis and that this is not just a rich man's game, I think we need to reach out to all, especially those who work hard to keep this country working. This is a great article (shows he is truly dedicated to this cause, which can only serve this planet well and I am happy for him) and I love the pictures and the idea behind it... but handing out bottled water at the meeting? Mr. Gore, that's a no no.
;-).

Oh, and recommended wholeheartedly. This is the kind of article about Mr. Gore I truly enjoy reading.

green banking:

http://www.socialfunds.com/news/article.cgi/1013.html

I'm going to check this out.

:)

our entire WORLD is grateful. nt