Clinton’s Efforts on Ethanol Overlap Her Husband’s Interests

ny times ^ | 2/28/2008 | MIKE McINTIRE

[shove_it]

To big rounds of applause, three of the world’s richest men — Richard Branson, Ronald W. Burkle and Vinod Khosla — trooped onto a New York ballroom stage with former President Bill Clinton to pledge support for renewable energy projects to combat global warming and create jobs...

Ruby Washington/The New York Times Former President Bill Clinton with Richard Branson in 2006. Both have been involved in efforts on alternative fuels. It was September 2006, and the Clinton Global Initiative, the annual star-studded networking event for philanthropists and investors, had generated commitments to spend billions on ethanol and other alternative fuels. Cast as good works, many were also investments by businessmen hoping for a profit.

And sitting in the audience was an influential public official who had also taken an active interest in renewable sources of fuel: Senator Hillary Rodham Clinton.

Several months earlier, Mrs. Clinton had sponsored legislation to provide billions in new federal incentives for ethanol, and, especially in her home state of New York, she has worked to foster a business climate that favors the sort of ethanol investments pursued by her husband’s friends and her political supporters.

One potential beneficiary is the Yucaipa Companies, a private equity firm where Mr. Clinton has been a senior adviser and whose founder, Mr. Burkle, has raised hundreds of thousands of dollars for Mrs. Clinton’s campaigns. Yucaipa has invested millions in Cilion Inc. — a start-up venture also backed by Mr. Branson, the British entrepreneur, and Mr. Khosla, a Silicon Valley venture capitalist — that is building seven ethanol plants around the country. Two are in upstate New York...

[SampleMan]

Misleading headline. They are married. There is no dividing his financial interests from hers.

Should read, "Clintons Policy to Line Her Own Pockets"

[steelyourfaith]

"To big rounds of applause, three of the world’s richest men — Richard Branson, Ronald W. Burkle and Vinod Khosla — trooped onto a New York ballroom stage with former President Bill Clinton to pledge support for renewable energy projects to combat global warming and create jobs..."

Ethanol & AGW™.

 

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[illiac]

Of course, the starts who attended this star studded event did not get there using ethanol or alternative fuels.....

[Condor51]

Hillary is done for.
The NY Slimes is in the tank for _Barack Hussein Obama.

A couple years ago this story never would have seen the light of day in fear of Klinton's hitmen like Harold Ickes. Now the fear is gone.

(Team Hillary better hide the ashtrays and lamps stat)

[neverdem]

thanks, bfl

[Mad_Tom_Rackham]

DNC: “Hillary? Won’t see her no more.”

[curiosity]

Ethanol, biofuels, and the whole "sustainability" craze is this decade's version of the .com bubble. Trillions of dollars are going to be flushed down the toilet on this crap.

[ridesthemiles]

In a related story: a planned ethanol plant in Kansas was scrapped this week. How far they were in the $200 million cost wasn’t disclosed.