Leaders like Stewart/Selim
posted on
May 17, 2008 07:25PM
Edit this title from the Fast Facts Section
Warren Buffett, one of the richest men in the world and CEO of Berkshire Hathaway (which owns MidAmerican Energy, the nation's leading utility in energy), has invested $385 million to build wind-power plants, create geothermal.
At GE, CEO Jeff Immelt is betting that green technology will fuel the power and grow feedstock for ENERGY. next century of growth. GE sold $10 billion worth of clean-energy gear last year and plans to put $3 billion into clean-energy ventures by 2008.
Cascade Investments, the investment arm of Microsoft Chairman Bill Gates, has invested in Pacific Ethanol, a public company that is building a bio-fuels plant in California.
Virgin Group CEO Richard Branson plans to invest up to $400 million in a bio-fuel plant. He is also investing in wind power and trains that run on bio-diesel.
Microsoft co-founder Paul Allen has invested $2,500,000 into Seattle's Imperium Renewables, which plans to supply 40% of the growing U.S. market for diesel fuel made from vegetable oil and alternative feedstock by 2009.
Vinod Khosla, co-founder of Sun Microsystems, is a bio-fuels evangelist. In the latest of a string of alternative energy deals, Khosla Ventures and other investors are plowing $50 million into Bio-fuels startup by the name of "Altra".
Google co-founders Larry Page and Sergey Brin have invested millions of dollars in Palo Alto alternative-energy startup "NanoSolar”.
Over the past several years, FedEx, Staples, the Timberland Co., Archer, Daniels Midland, British Petroleum and corporate behemoth Wal-Mart have begun embracing green technologies at their stores and facilities.