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Mouli Cohen - Entrepreneur, Philanthropist and Investor
Posted on March 3rd, 2010 No commentsLesser Emphasis on UK performing arts sector reduces growth:
A rise of twenty percent in the arts organization has been seen between 2008 and 2009.Out of which, fifty five percent of the art organizations failed to provide training to the staff. They claimed that they do not have time to implement staff training programs. Mouli Cohen cites this underinvestment in training to predict its impact on skill shortages. If this situation continues, future businesses will see unskilled manpower in the performing arts sector which will result in less growth.
Electricity in a box- Latest innovation from California:
The bloom energy box that is claimed to give high power output with reduced carbon di-oxide emissions, has now reached important milestones. China is working aggressively towards solar power development. The US innovation has now slipped into the hands of China, Germany and other nations. Major corporations like Wal-Mart, FedEx, Google, Coca Cola, Bank of America, and Cox Enterprises have ordered for the Bloom Energy’s cell box that was being developed for space purposes by scientists. This cell box will not be available for domestic use as for now it is aimed at industrial purposes.
Importance of Cap-and-Trade Legislation according to Mouli Cohen:
According to Mouli Cohen, if investments in clean tech are not steady then the US might lose it current lead in this sector. With Europe and Israel getting about 30 percent of the global clean tech market, the American share has been decreasing compared to earlier years says Dallas Kachan who is a managing director at Clean Tech group. This group is an investment advisory service provider who have a stake in Clean Tech. As per Mouli Cohen’s article if there is no cap-and-trade legislation then renewable energy research will suffer.
Funding increased in UK in Clean Energy Research Sector reports Mouli Cohen:
According to the article by Mouli Cohen, Prime minister of Britain Gordon Brown will be providing £125m from the UKIIF which is the UK Innovation Investment Fund for investing in start ups and smaller clean tech companies which have not yet had a profit from business. Also the EIF or European Investment Fund and UK Future Technologies Fund has raised £200m. Also Mouli Cohen believes that the funding that is coming from these two sources will increase the confidence among UK clean energy companies to conduct more research in the low carbon sector.
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