CAMBRIDGE, Mass.–Famed venture capitalist John Doerr is conflicted. He says pace of innovation in green technologies, breathtaking in the past five years, is far from fast enough to address the scale of the world’s energy problems.
Doerr was the keynote speaker at the MIT Energy Conference here Saturday. He alternated between expressing wonder at the progress [...]

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RecycleBank on Tuesday said that it has raised $30 million to increase its operations in the U.S. and expand into Europe.

The series B round came from Kleiner Perkins Caufield & Byers, RRE Ventures, Sigma Partners, and The Westly Group.The company has developed a novel business model to incentivize consumers to recycle more.
It gives households points [...]

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Here’s a fun tidbit that has come out of the Tesla Motors stories this week: ousted founder Martin Eberhard was the exec who first concluded that Tesla needed to turn its Whitestar sedan into a gas-electric hybrid.
It was back in the summer of 2007, said Daryl Siry, vice president of marketing at Tesla. Eberhard examined [...]

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Tesla Motors is an innovator in electric cars–and it’s got a lot of lawsuits, too.
Earth2Tech has dug up a lawsuit filed by Magna on February 22, 2008 that alleges that the car company failed to pay Magna for transmission work it accomplished. The suit, filed in the Superior Court of San Mateo County, seeks $5.6 [...]

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Tougher mortgage standards and the lowering of interest rates on savings may upset customers, but they’ve got no kick with online banking.

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