Word: oil
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...awards could go to actual movie stars: Clooney, with his glistening likability and hunkitude, in the Drama category, and Depp, who's even dreamier (and murders and sings), in Comedy-Musical. But we never ignore Daniel Day-Lewis, making only his third film in a decade and, as the oil magnate in There Will Be Blood, giving another of his super-intense, bite-the-head-off-live-rats, I'm-mad-inside-too performances...
Norman Foster's oil-and-gas-company headquarters will have rooftop wind turbines...
...With oil over $90 per bbl., First Solar is in vogue...
...tide began to turn in 2004, thanks partly to rapidly climbing oil prices that instantly made alternative energy more competitive, and partly to government action in the U.S. and elsewhere that provided support for clean tech. The Gore-approved narrative of climate change - as both a threat and an economic opportunity - penetrated the venture-capital community. Adam Grosser, a venture capitalist at the Silicon Valley firm Foundation Capital, struggled to convince his partners that they should expand beyond their traditional IT focus into clean tech. "When I first proposed it, my partners scoffed," he says. But Grosser persisted, and today...
Still, the dotcom bust casts a shadow, with fears that once again too much money is chasing too few good ideas. The drive to go green, so strong today, could rapidly lose momentum if oil prices were to drop significantly, and it hasn't escaped notice that clean tech has yet to produce a bank-breaking success like Netscape, which made Kleiner Perkins a fortune. "Everybody with a dollar thinks they're a clean-tech investor now," says Foundation Capital's Grosser. "A ton of people could lose a lot of money on solar or biofuels." But defenders point...