Serious Materials raises a serious round of $50M for green building materials
Indoor building material-maker Serious Materials has taken on a large $50 million second round of financing to launch a line of environmentally friendly drywall, the most common indoor building material in the United States.
The funding will help the company cover the costs of a manufacturing plant, to open next year. The cost for new plants commonly runs into tens of millions of dollars.
Serious will make three product lines: EcoRock, ThermaProof, and Quiet Solution. EcoRock is… Continue Reading
Global warming, creating green entrepreneurs, and bribing by Exxon lobby?
Now we’re 90 percent sure global warming is caused by humans, according to a major UN report just released.
[Update: And Exxon is fighting back, reports the Guardian, which writes that the AEI, an Exxon Mobil-funded thinktank, offered payments of $10,000 to scientists for articles that emphasize the report's shortcomings. This, even as Exxon reports record profits.]
Meanwhile, California continues its lawsuit against U.S. and Japanese car manufacturers for contributing to global warming.
And entrepreneurs forge ahead with… Continue Reading