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George Soros to invest over 1 billion U.S. dollars in clean energy technology
The legendary investor George Soros said during a conference in Copenhagen that he will invest more than 1 billion U.S. dollars in renewable energy to combat climate change. He will also invest 10 million U.S. dollars annually in the newly established Climate Policy Initiative, which will focus on the efficacy and implementation of policy. Soros said that "Global warming is a political problem. The science is clear, what is less clear is whether world leaders will demonstrate the political will necessary to solve the problem."
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