According to the Bloomberg story, "New global investment in renewable energy technology totaled $25.9 billion in the third quarter, 22 percent below the same quarter in 2008, according to New Energy Finance, a London- based research company."
The technology-to-fight-climate change sector, does it really need any more investment capital? Aren't we waiting for technological advancement, such as solar cells that can provide more energy per time in the sun than what currently exists?
Perhaps the world's billionaires should turn their attentions to the United Nation's millenium development goals, the first goal of which is, "END HUNGER & EXTREME POVERTY"
To end hunger and extreme poverty, the world should try to make two things happen: give the poor money and greatly reduce childbirth, through financial incentives and birth control. Women in poverty should not be having children until their mid-20s at the earliest, if at all, especially very poor women - they will just be bringing children into a reality of abject poverty, and making it more difficult to move themselves out of poverty.
(previous post on this issue
June 2007 "Reducing Population Growth to Alleviate Poverty"
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