Tech Barons Take on New Project: Energy Policy

SAN FRANCISCO, Jan. 28 — President Bush set broad goals last week for the adoption of alternative energy. Hoping to take on the role of filling in the details is an unlikely group: Silicon Valley’s technology investors.

These venture capitalists, backers of giants like Google and Genentech, have traditionally been free-market advocates, favoring ideas and innovation over government intervention. Now they are heading to Washington on a crusade to influence energy policy because they have a big stake in the outcome.

Nytimes