Thu Sep 3, 2009 5:00am EDT LONDON (Reuters) - Farming plankton, sending solar panels into orbit, remodeling hydrogen -- for the latest wave of entrepreneurs suggesting easier ways out of climate change, it's all in a day's pitching.
Beyond grabbing headlines, such notions are attracting serious scientific attention and venture funding from investors who at least until the collapse of Lehman Brothers lent credibility to high-risk investment propositions.
Some plans seek radical alternatives to fossil fuels. Other businesses are dreaming of geoengineering -- planning to tweak the earth's climate by removing heat-trapping carbon dioxide (CO2) or reflecting sunlight into space.
...
Britain's top science academy, the Royal Society, this week urged more funds be channeled into research on geoengineering, but for some climate commentators the unproven, technical solutions smack of society's craving for pain-free get-outs.
They note politicians may prefer to feed that habit rather than face tough choices in redressing global warming.
/article continues (Reuters Investing News)...
http://www.reuters.com/article/wtUSInvestingNews/idUSTRE58202P20090903?sp=true