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Clinton to Start $1 Billion Renewable Energy Fund

Posted by ryuzaki0 on from the that's-a-lot-of-batteries dept.

antifoidulus writes "ABC news is reporting that former President Bill Clinton has announced the creation of a $1 Billion investment fund devoted to renewable energy. This will be an investment fund as opposed to charity, and Clinton has said that 'The Green Fund would focus on reducing dependence on fossil fuels, creating jobs, lessening pollution and helping to reduce global warming, all while making a profit.' Former World Bank President James D. Wolfensohn will be managing the fund."

4 of 177 comments (clear)

  1. He went on Fox News to Talk about this... by macadamia_harold · · Score: 5, Insightful

    Clinton taped an interview with Fox News' Chris Wallace about this today, which is scheduled to be aired Sunday. The interview is supposed to be about the energy initiative, and his charitable work; instead, Chris Wallace ambushes him out of left field with some bullshit hardball question about Osama Bin Laden.

    It's hilarious, because not only does Clinton attempt a diplomatic answer, but when Chris Wallace won't let it go and birddogs him, Clinton completely pwns Wallace, then goes back on topic.

    I'm curious to see if they actually air it.

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    1. Re:He went on Fox News to Talk about this... by macadamia_harold · · Score: 4, Insightful

      Yep. Too bad, once they actually had Bin Laden cornered, Clinton decided not to do anything because he was afraid that it would look like we was trying to distract the nation from his sexual indescretions.

      Yeah, Bush's strategy of waiting around until Osama keels over from natural causes was much better.

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  2. That makes me want to cry. by Grendel+Drago · · Score: 4, Insightful

    It's like... foreign oil is an abusive boyfriend. And we're its bitch. So back in the 1970s, there was that oil crisis, a big fight. And we went over to our sister's place, and she was all, "honey, you don't need him", and we cried on her shoulder a lot and said we didn't need him; were going to start a new life without him.

    But the foreign oil bought us flowers, and said it was sorry, and it was morning in America. And now we're back in the same boat we were thirty years ago, and we're acting like no one could have possibly seen this coming.

    You know, Brazil is energy-independent. They followed through on what Carter promised but was voted out before he could deliver on, and the program was plagued by various problems for decades on end... but as of a few years ago, it works. We could have had that. But we didn't.

    And I still don't see what was horrible about that speech. Could someone point out to me why that speech cost him the Presidency?

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    Laws do not persuade just because they threaten. --Seneca
    1. Re:That makes me want to cry. by Anonymous Coward · · Score: 4, Insightful

      And I still don't see what was horrible about that speech. Could someone point out to me why that speech cost him the Presidency?

      There was nothing wrong with the speech; the problem is with our electorate. The US has been overrun by asshats. Haven't you witnessed the last few elections? People in the US think it's their God given right to drive monster trucks with a big flag flapping in the back. Intellectuals are frowned upon. Creationism is on the ascent. We violate the Geneva conventions. Every day, millions of people pay tribute to bigots like Bill O'Reilly. Greedy self-interested Republicans vs. snivelling cowardly Democrats. Yuck.