Saturday, February 26, 2011

Soros To Profit From Obama's 'Green Agenda'

Billionaire financier George Soros stands to make handsome profits with his newly launched investment fund, established to capitalize on new “green energy” — a policy agenda largely dependent on government subsidies supported by the Obama White House.

In a statement announcing the new venture — dubbed Silver Lake Kraftwerk (SLKW) — Soros describes the fund’s role to “leverage technology and business model innovation to improve energy efficiency, reduce waste and emissions, harness renewable energy, and more efficiently use natural resources, among other applications… Developing alternative sources of energy and achieving greater energy efficiency is both a significant global investment opportunity and an environmental imperative".'


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