OPEC opens $750M fund for carbon sequestration
Excerpt:
"The Organization of Petroleum Exporting Countries opened a fund for clean technology research and investment during its most recent meeting.
Oil producers investing in cleantech in order to boost or streamline their own production isn’t entirely new. We recently reported on a Chevron fund that has multiple investments, including one in solar energy.
However, the OPEC fund is focused almost solely on carbon sequestration."
http://venturebeat.com/2007/11/19/opec-opens-750m-fund-for-carbon-sequestration/
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