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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."

2 of 177 comments (clear)

  1. Americathon by Doc+Ruby · · Score: 1, Troll

    I guess if George Bush can privatize our government into (worse than) uselessness, then Bill Clinton can make a private charity do the public works we need the government to do.

    At what point does America need the charity to bail it out? And can we skip all the nasty bits until then?

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    make install -not war

  2. Re:Finally... by DerekLyons · · Score: 1, Troll
    Finally... Someone is doing something.

    Yes, and just in time for the 2008 elections too...