The richest and third-richest men in the world made a surprise visit to an oil-sands operation in the Canadian province of Alberta on Monday. Investor Warren Buffett and Microsoft founder Bill Gates, who are said to have a combined worth of $120 billion, "were exercising curiosity, basically saying, 'Wow, this is neat,'" says Greg Stringham of the Canadian Association of Petroleum Producers. Buffett has recently said he is interested in investing in oil sands; he invests in American oil company ConocoPhillips, which owns significant oil sands assets. If the bigwigs are interested in investing in alternatives to conventional oil, we could suggest better energy sources than the environment-polluting, cancer-causing, duck-killing monstrosity that is the oil sands.
source: Calgary Herald, The Canadian Press, Reuters, The Globe and Mail
see also, in Grist:Canadians fear U.S. energy bill clause could disallow oil-sands exports
U.S. pushes for compromise in Copenhagen climate talks
Cautious optimism for Copenhagen deal as Barcelona climate talks end
Another coal plant bites the dust
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Delay And Deny Posted 12:16 pm
20 Aug 2008
I'm always surprised that Gates has an open wallet for anyone and everyone, but when it comes to his own backwater state of Washington, it's like Jack Benny with the moths flying out.
Case in point: Washington State doesn't have a single hydrogen refueling station.
Zilch. With today's high density traffic snarling ever arterial in the Puget Sound, a modest investment here could built an entire hydrogen infrastructure almost over night!
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rrecroc Posted 10:31 pm
26 Aug 2008
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