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Tesla Raising Millions Amid Bloodbath: Once Tesla Motors wraps this $40 million internal round of funding it will be seeking even more – CNET. GE to Raise $6B for Renewable Energy by 2010: GE Energy Financial Services has raised its renewable energy investing target by 50 […]

Tesla Raising Millions Amid Bloodbath: Once Tesla Motors wraps this $40 million internal round of funding it will be seeking even more – CNET.

GE to Raise $6B for Renewable Energy by 2010: GE Energy Financial Services has raised its renewable energy investing target by 50 percent to $6 billion, and announced that it has already raised $3 billion. – Clean Edge News.

Deputy Energy Secretary To Resign: Clay Sell represented the White House’s energy policy in the DoE – pro-nuclear, pro-clean-coal, anti cap-and-trade, peak oil skeptic – and will be leaving at the end of February. We won’t be holding our breath that this signals significant energy policy change for the administration. – WSJ.

British Energy “Ripping Off” Customers: Executives from six large British energy companies have been found to have been holding clandestine meetings to discuss market strategy. There are now demands to have them sent before the Competition Commission – Times Online.

Open Source Cleantech: IBM, Sony, Pitney Bowes and Nokia are working with the World Business Council for Sustainable Development on building an open source patent data base called Eco Patent Commons for environmental tech patents. They have 30 patents in the portfolio already — release, VentureBeat.

By Craig Rubens

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  1. Green energy is definitely the best solution in most cases. Technology like solar energy, wind power, fuel cells, zaps electric vehicles, EV hybrids, etc have come so far recently. Green energy even costs way less than oil and gas in many cases.

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