DeSmog

Gore takes post with investment firm; vows to donate salary to climate protection

authordefault
on

Al Gore has taken a partnership in Kleiner Perkins Caufield and Byers, one of several Silicon Valley venture-capital firms with an eye toward financing alternative energy start-ups, so-called clean-tech companies.

John Doerr, a partner at Kleiner Perkins who is a strong advocate for the development of alternative energy technologies, said Gore would help the firm, one of Silicon Valley’s largest, attract innovative start-ups — an advantage in the firm’s competition with other venture capitalists.

Paul Kedrosky, a venture capitalist and author of the blog Infectious Greed, said Gore’s new role could benefit start-up companies by providing guidance through the political process.

Gore said he would donate his undisclosed salary to the Alliance for Climate Protection, a nonprofit policy foundation.

Related Posts

on

Rishi Sunak’s Tories accepted hundreds of thousands from major donors with financial ties to the oil and gas industry.

Rishi Sunak’s Tories accepted hundreds of thousands from major donors with financial ties to the oil and gas industry.
on

A former Boris Johnson aide with a history of running misleading publicity campaigns is running an ad blitz opposing a renewable energy project.

A former Boris Johnson aide with a history of running misleading publicity campaigns is running an ad blitz opposing a renewable energy project.
on

At the Hydrogen Americas Summit, fossil fuel giants attempt to redefine “clean” hydrogen, with profits in mind.

At the Hydrogen Americas Summit, fossil fuel giants attempt to redefine “clean” hydrogen, with profits in mind.
on

After a 2022 frack out, residents report rashes, and foul methane-spiked water. EQT denies responsibility, offering water for silence from residents.

After a 2022 frack out, residents report rashes, and foul methane-spiked water. EQT denies responsibility, offering water for silence from residents.