George Soros to invest $1 billion in “green tech”
Earlier, we reported that global investments in renewable energy had dipped 40% from 2008-09—thus, the following comes as welcome news. George Soros has decided to invest $1 billion of his own money into “green technologies.”
I’m no fan of Soros or his politics, but this is the way I’d like to see renewable energy move forward—not with government loans, but with private sector financing. Hopefully, Soros’ cash will infuse life into the renewable energy sector.