Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Monday, May 9, 2011

Bezos Invests in Fusion and BP Funds Biofuels

Bezos Invests in Fusion and BP Funds Biofuels

Also this week: the UN says renewables could provide as much as 77 percent of world's energy.
Amazon.com's Jeff Bezos is lending his support to fusion, the power source of the sun, H-bombs, and, starting 30 to 50 years from now, local utilities. His personal investment company, Bezos Expeditions, contributed an unspecified fraction of a $19.5 million venture capital fund raised by General Fusion, a company that is developing an approach to fusion that combines two leading fusion designs, magnetic confinement of plasma and inertial confinement. The company had previously raised $13.75 million.

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