Big Rat Jumps Sinking Green Energy Ship (sort of)
The January edition of Scientific American contains an eye-popping interview with Vinod Khosla. Khosla was a co-founder of Sun Microsystems. He is a leading venture capitalist in “green” energies and an advisor to Scientific American. Khosla is starting to change his tune about the economic viability of “green” energy.
Khosla on government subsidies for green energy:
[quote]Anything that does not achieve unsubsidized market-competition within seven years of starting to scale is not worth subsidizing.
I believe most environmentalists most of the time are getting in the way of answers that make economic sense. Economic gravity always wins. That’s why I have the mantra about unsubsidized market competitiveness.
Former VP Gore is with Kleiner-Perkins-Caulfield, not Khosla Ventures, but this still may have him reaching for Tums, and other venture capital people re-thinking how they approach “green energy”.