Green also means Money
Think going green is bad for business? Leading venture capitalist John Doerr doesn’t think so. In fact, he’s pouring $100 million of a $600 million fund into technologies that provide cleaner energy, transportation, air and water. The global market for clean energy climbed to $40 billion last year and is expected to grow to $167 billion by 2015. “…greentech could be the largest economic opportunity of the 21st century,” says Doerr. Sounds like a money making dream for any Republican…
But Doerr’s no Republican. He’s a Democrat, and ranked in the top 10 of political donors in California last year. Though he’s a Dem, he ought to be a role model for Republicans in many ways. A top tech investor, he knows how to make money and create jobs. In his view, today’s energy pressures are putting an “even higher priority … on innovation.” This should be the mantra of the GOP! INNOVATE! INNOVATE! INNOVATE! Innovation equals jobs, economic prosperity, strategic separation from middle eastern nations, and lower costs for health care. For more testimony click here. Unfortunately, while the GOP has made some inroads and commitments on developing new energy sources, by and large our national energy policy remains stuck on oil.
By the way, I’m not sure why Doerr is a Dem. As a huge venture capitalist, he has gained tremendously by the President’s tax cuts on income and capital. Freedom of capital has allowed him to invest more, to grow his company, and create new jobs. He was also a leading opponent of Prop 211 in CA in 1996, which would have made it easier for trial lawyers to sue companies like his – a major tenet of Democratic politics!
