Wednesday, September 17, 2008

WSJ - Bill Gates Goes For Algae, Invests in Biofuel Maker Sapphire Energy

Bill Gates is plunging his hands into pond scum.

"Cascades Investments LLC, Mr. Gates’ personal investment vehicle, is backing Sapphire Energy, a start up working towards a commercial-scale facility to produce oil from algae. And by all indications, he is not trying to save the world from its petroaddiction. He’s trying to make some money."

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