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ArcelorMittal launches Clean Technology VC Fund

July 11th, 2008 by James Moss in ArcelorMittal, 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.

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