Skip to comments.Al Gore backed Hara sees profit from low-carbon economy
Posted on 06/01/2009 2:14:51 PM PDT by Oldeconomybuyer
SAN FRANCISCO (Reuters) - An environmental start-up backed by Al Gore's venture capital firm aims to take advantage of coming U.S. climate change legislation by helping companies like Coca Cola and even cities cut pollution.
Hara, a 25-employee company that debuted in 2008, provides online software to help companies reduce their carbon footprint -- a $2.5 billion market that will grow 10-fold if the proposed energy bill becomes law.
Hara will have to compete with business software companies SAP and Oracle, as well as lesser-known players such as Carbonetworks and Enervity, all of which are hoping to grab a slice of a potential boom market.
"This company would not have existed if Al Gore had not bought off on the idea," said Chatterjee.
(Excerpt) Read more at reuters.com ...
Gore holds the keys to the asylum.
Got news for the green weenies, “Big green” isn’t going to be any different than “big oil”.
Yeah, somehow “Haraburton” won’t catch the same flack. Although
the actual work it does is illusionary.
Actually, it well be different. 1. When prices skyrocket they will not get any blame. 2. Their will be energy shortages, meaning, power outages. Maybe when the dimwits are freezing there assets off, they will get a clue.
the only carbon footprint here will be Hara’s when they are toast (a year after their IPO, I presume...)