Vinod Kholsa Gives Green Technologies the Green Light
Addressing the ARPA-E summit in Maryland this week, Vinod Kholsa urged attendees to think of mass-market adoption of green technologies as imminent, despite the usual economic focus on a "tipping point" driven by the relative costs of renewable energy versus those of fossil fuels. He compared current forecasts of green energy growth to a 1980 McKinsey study that estimated there would be one million mobile phones sold in 2000 (the actual number: 100 million.)
"A better way to forecast the future is to invent it," Kholsa said, stressing the importance of technological interest in green energy. "The most important thing we did is make energy an interesting area for Ph.D. students over the last five years."
Somebody must be listening to Kholsa--he's raised over one billion dollars for a green energy fund, and has his fingers in a range of innovative green technologies.