Create an account Home  ·  Topics  ·  Downloads  ·  Your Account  ·  Submit News  ·  Top 10  
Mission Statement

· Home
· Forum
· Special Sections
· Advertising
· AvantGo
· Books
· Downloads
· Events
· Feedback
· Link to us
· Private Messages
· Search
· Stories Archive
· Submit News
· Surveys
· Top 10
· Topics
· Web Links
· Your Account

Who's Online
There are currently, 53 guest(s) and 0 member(s) that are online.

You are Anonymous user. You can register for free by clicking here

  • (August 8, 2018 - August 12, 2018) COFE10 + TeslaTech Conference

  • Hot Links

    American Antigravity

    Chava Energy

    Closeminded Science


    Energy Science



    Integrity Research Institute

    Interstellar Technologies

    JLN Labs


    New Energy Movement

    New Energy Times

    The Orion Proj.




    Science Hobbyist

    Tom Bearden's Page

    Unlimited electric energy


    Want to Know

    Other Info-Sources
    NE News Sites
    Alternative Energy News
    NE Discussion Groups
    Energetic Forum
    Magazine Sites
    Distributed Energy
    Electrifying Times
    ExtraOrdinary Technology
    IE Magazine
    New Energy Times

    Interesting Links

    Click Here for the DISCLOSURE PROJECT
    SciTech Daily Review
    NEXUS Magazine

    CalPERS investment chief is big on new energy technologies
    Posted on Monday, November 12, 2007 @ 21:42:45 EST by vlad

    Mark Anderson - Silicon Valley / San Jose Business Journal

    As chief investment officer for the nation's largest public pension fund, Russell Read looks at the big picture. Not so much the big picture today, but the one in 10 or 20 years.

    In that crystal ball, he sees the vital importance of energy and commodities all over the world. Much of the existing economy is based on cheap oil. The not-too-distant future will require alternatives, and the California Public Employees' Retirement System is big enough to give alternatives a boost.

    Future energy demand will create entirely new industries -- and fabulous financial returns. Read is piloting the system to invest in those technologies and companies.

    Read joined CalPERS in June 2006. He hasn't made any dramatic changes at the pension fund, but pushed for more ability to invest in emerging markets, commodities and hedge funds...

    There are a host of new technologies and fuel sources that will play a critical role meeting world energy demand, Read said, and many of them are clean sources. Market forces will create compelling long-term investment opportunities for CalPERS over the coming decade, and the system will play a constructive and profitable role, Read said.

    Everybody wants to save the world, but CalPERS is in a unique position: With assets of more than $250 billion, it is big enough to do something about it.

    "There are situations where our size can act to our advantage," Read said. The system can deploy enough money into a technology to make the difference between it happening and not happening "and allow us to use our scale to an advantage. It is essential we find opportunities where our scale can be used for us and not against us."

    Getting new energy technology to the market runs against scale and competition with existing oil industry and a subsidized corn ethanol market...

    The former hot industries of real estate, information technology and biotechnology aren't nearly as rich in potential as energy, Read said. Suddenly there's money going to research.

    "This is significant," he said. "What will be surprising to investors and to the public will be the rate of technology change in the energy sector."

    Source: CalPERS



    Security Code: Security Code
    Type Security Code

    Don't have an account yet? You can create one. As a registered user you have some advantages like theme manager, comments configuration and post comments with your name.

    Related Links
    · More about Investors
    · News by vlad

    Most read story about Investors:
    GCT-SPACE ZPE-Zero Point Energy ANTI-GRAV PROPULSION Aerospace Project:

    Article Rating
    Average Score: 5
    Votes: 1

    Please take a second and vote for this article:

    Very Good


     Printer Friendly Printer Friendly

    "CalPERS investment chief is big on new energy technologies" | Login/Create an Account | 1 comment | Search Discussion
    The comments are owned by the poster. We aren't responsible for their content.

    No Comments Allowed for Anonymous, please register

    Re: CalPERS investment chief is big on new energy technologies (Score: 1)
    by Veryskeptical on Wednesday, November 14, 2007 @ 13:05:22 EST
    (User Info | Send a Message)
    Sounds nice, but lots of people are begging for money they don't get. What would actually get Calpers to commit to a new energy project? The above is the kind of statement most anyone would endorse so it says essentially nothing.

    The real question is to whom and to what they are actually willing to give money and on what terms. Would they go to Steorn for example? It is a player in magnetic motors. But for all Steorn's insistence on the reality of their product they have recently lost some credibility and they are a foreign firm. (Note the emerging market issue above.) Would they go to Blacklight Power and invest in the hydrino process? Possibly a major player but seems to be mired in patent problems. And which of the many groups investigating cold fusion would get the nod? None of them seem to have a clearly dominant process or product to offer.

    The point is that Calpers is a pension fund and investing retirement money in speculative investments of this nature may be contrary to its charter. So I am inclined to wonder how much Calpers could really help until the firms in the new energy movement have become more respectable investments on their own. Remember the old saw: Banks only lend money to people who don't need it.


    All logos and trademarks in this site are property of their respective owner. The comments are property of their posters, all the rest © 2002-2016 by ZPEnergy. Disclaimer: No content, on or affiliated with ZPEnergy should be construed as or relied upon as investment advice. While every effort is made to ensure that the information contained on ZPEnergy is correct, the operators of ZPEnergy make no warranties as to its accuracy. In all respects visitors should seek independent verification and investment advice.
    Keywords: ZPE, ZPF, Zero Point Energy, Zero Point Fluctuations, ZPEnergy, New Energy Technology, Small Scale Implementation, Energy Storage Technology, Space-Energy, Space Energy, Natural Potential, Investors, Investing, Vacuum Energy, Electromagnetic, Over Unity, Overunity, Over-Unity, Free Energy, Free-Energy, Ether, Aether, Cold Fusion, Cold-Fusion, Fuel Cell, Quantum Mechanics, Van der Waals, Casimir, Advanced Physics, Vibrations, Advanced Energy Conversion, Rotational Magnetics, Vortex Mechanics, Rotational Electromagnetics, Earth Electromagnetics, Gyroscopes, Gyroscopic Effects

    PHP-Nuke Copyright © 2005 by Francisco Burzi. This is free software, and you may redistribute it under the GPL. PHP-Nuke comes with absolutely no warranty, for details, see the license.