Al Gore turns green VC
Presidential also-ran and celebrity environmental doomsayer Al Gore is lending his Nobel Prize winning bulk to a green VC firm.
Face-of-all-things-green Gore will take up a job at VC firm Kleiner Perkins Caufield & Byers looking after their green tech.
From The New York Times:
Kleiner Perkins, based in Menlo Park, Calif., last year earmarked $100 million of its $600 million investment fund to startups that work on reducing carbon dioxide emissions. The firm expects to dedicate one-third of new funding to clean tech by 2009.
The article goes on to quote Gore as saying:
“What we are going to have to put in place is a combination of the Manhattan Project, the Apollo project, and the Marshall Plan, and scale it globally.”
Starting small, then.
