I read an article in Forbes about this company called Planktos whose idea is to dump iron dust into the ocean to cause phytoplankton to bloom and suck carbon dioxide out of the atmosphere. Also read an article about this company that is building a diesel rotary engine. Apparently it's much simpler than a piston engine and gets much better efficiency - 51 mpg.
There's a lot of VC money going into "green tech" projects these days - $2.2 billion in 2007! I read an article in Forbes about the next generation of VC's leading the charge. The bios of these folks is truly ridiculous. Here's an excerpt: This trio could get hired anywhere. Aileen Lee was president of her section at Harvard Business School. Trae Vassallo learned to program when she was 7 and at 28 cofounded a wireless e-mail company that Motorola bought for $550 million. Samir Kaul led the effort to sequence the genome of the arabidopsis plant and then built three life sciences companies from scratch. He's only 33. These three are among venture capital's new guard. That's kind of humbling.
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