Jroc
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- Oct 19, 2010
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The leftist love robbing the working man to make billions off of big government, that would include the establishment, crony capitalist, Republicans.
Coalition of executives and financiers seeks government subsidies as U.N. climate talks commence
Green Energy Investors Look to Cash in on Paris Talks
Coalition of executives and financiers seeks government subsidies as U.N. climate talks commence
A group of millionaires and billionaires that includes major investors in green energy are using the international climate talks kicking off this week to push for more government subsidies for the types of companies in which they are investing.
The Breakthrough Energy Coalition on Monday unveiled policy proposals demanding that governments step up their “investment” in green energy companies. The coalition’s founding members include a host of financiers with significant green energy portfolios.
At the same time, the group said it will be leveraging government support in its own investment work, which will target early-stage green energy companies.
Green energy is not sufficiently appealing to private investors at present, the coalition says. Therefore government must step in and provide extensive capital for firms working on wind, solar, and other renewable energy technologies – the types of firms that Breakthrough will be backing.
Green Energy Investors Look to Cash in on Paris Talks