Archive for May, 2008

Is it Easy Being Green?

May 13, 2008

Kristen Nicole from Mashable is covering this month’s SF Green Tech networking event, and uses the occasion to discuss the perception of climate change among investors

Outside of political figures and a few Shell commercials here and there, however, we rarely get a glimpse of how the financial world, namely investment institutions, views our global warming crisis. Tonight at the SF Green Tech event, we got to hear from Ray Lane himself on the mentality his investment firm has on green tech. Lane is a Managing Partner at Kleiner Perkins, and was candid enough to share his political views (he’s a Republican, btw) as well as his thoughts on green tech and the research therein…

Aside from driving a Porsche 911, Lane does really care about the environment. Kleiner Perkins has invested in transportation and biofuel companies like GreatPoint Energy and Fisker Automotive, and while the company is focused mainly on early stage growth, a potential for diluted shares in a startup doesn’t deter Kleiner Perkins from getting in on the alternative energy game.

Lane also pointed out that despite strong initiatives from each of the current presidential candidates, the federal government should in fact “get out of the way” when it comes to alternative energy infrastructure implementation and leave things up to individual states. Lane brought up some valid points, and it was interesting to hear from someone on the investment side of things, as green tech becomes more pertinent and applicable in our everyday lives.

Read more at mashable.com.