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.
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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