By Jackson West, 2:40 PM on Fri Apr 25 2008, 1,337 views (Edit, to draft, un-top, Slurp)

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John Doerr and Al Gore have been taking their pitch for a new $400 million environment-friendly venture fund to prospective limited partners, and have already hired a veteran investment manager from Goldman Sachs to run it. This fund, which would invest in late-stage — that is, larger — clean energy and carbon reduction projects, comes in addition to the money already reserved for cleantech in KP's $600 million early-stage investment warchest. Helping to scale electric car manufacturing comes to mind — KP just threw some money at Norway's Think Global. And existing ethanol distillers could also benefit. After all, that kind of money would certainly buy a whole lot of Brazilian slave labor. (Photo by AP/Graham Hughes)