Business

George Soros to invest $1Billion in Clean Technology

george sorosThe billionaire George Soros said he will invest $1 billion in clean-energy technology and create an organization to advise policy makers on environmental issues, according to a Bloomberg report. Soros announced the investment at a meeting on climate change sponsored by Project Syndicate in Copenhagen yesterday.

In an e-mailed message George Soros said, “I want to apply rather stringent criteria to the investments. They should be profitable but should also actually make a contribution to solving the problem.

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