ArcelorMittal launches Clean Technology VC Fund

by James Moss on July 11, 2008

in Environment

As if in response to point 5 of this article on how to respond to high steel prices, ArcelorMittal is putting money into a venture capital fund investing in clean technologies in addition to establishing a carbon fund to generate carbon credits that will help in complying with the EU Emissions Trading Scheme.

The venture capital fund is making an initial investment in thin-film solar panels developer Miasolé.