Condoleezza Rice: Green Entrepreneur?

condoleezza rice

Say what you will about Condoleezza Rice--the woman is ambitious. Since the end of the Bush years, Condi has been working as a political science professor at Stanford, and now it looks like the former National Security Advisor is taking on climate change through the guise of a stealth startup called C3.

The startup, founded by Thomas Siebel, the former CEO of Siebel Systems (and major Sarah Palin supporter), is reportedly hoping to manage CO2 cap-and-trade systems for businesses. C3 has $26 million in funding from undisclosed sources and counts Condoleeza Rice, former Secretary of Energy Spencer Abraham, and UC Berkeley Dean of Engineering S. Shankar Sastry among its Board for Directors.

Beyond that, little is known about the company. C3's sparse Web site does say that it has a "mission of delivering comprehensive solutions enabling organizations to maximize profitability and cash flow by optimizing their enterprise energy strategy and carbon footprint." The most likely scenario is that C3 plans on developing cap-and-trade management software--why else would the company Web site boast about its "highly experienced team of proven software and business professionals?"

We'll find out what Condi and her team of high-profile Republicans and business executives are up to soon enough. If a cap-and-trade bill is pushed through in the U.S., chances are that C3 will emerge out of stealth mode rather quickly.

[Via Washington Post]

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6 Comments

  • Chris Reich

    Suppress solar flares? Do you know what a solar flare is? The sun has been about as suppressed as she gets for the past three years. Can't blame the sun on this one.

    Chris Reich
    www.BizPhyZ.com

  • Jack Ring

    What? You guys want Al Gore to sustain his monopoly on trading carbon credits? How about simply abolishing the cap and trade game? Why not strive to suppress solar flares instead of the trying to reduce 2% of the problem by 80% in 20 years.

  • Jack Ring

    What? You guys want Al Gore to sustain his monopoly on trading carbon credits? How about simply abolishing the cap and trade game? Why not strive to suppress solar flares instead of the trying to reduce 2% of the problem by 80% in 20 years.

  • Jack Ring

    What? You guys want Al Gore to sustain his monopoly on trading carbon credits? How about simply abolishing the cap and trade game? Why not strive to suppress solar flares instead of the trying to reduce 2% of the problem by 80% in 20 years.

  • Neda Mashouf

    scum bags busy trying to figure out new ways to benefit from the bullshit new laws like cap and trade......you think obama is not in on this???? business as usual baby, business as usual.
    joonie

  • Chris Reich

    This is an ideal company for Fmr. Secretary Rice. She can deny the existence of global warming, preferably called global climate change since we don't know what long term consequences will be from anthropogenic change, and still make money from the issue. Perfect. This is an ideal Republican approach to problems.

    Let's implement cap and trade on other things too---expand the bill. I'll wash my hands, you pay me $50 for reducing bacterium and we can stop inspecting meat. Meat packers can buy my "clean" credits. Pay me another $100 to dispose of my old thermometers and we can let fish absorb more mercury.

    Cap and trade doesn't solve problems, it creates a profit venue and incentive to keep a problem, a problem.

    Too bad. When I saw the headline I thought Ms. Rice might have actually decided to do some good. I can't imagine anyone at Stanford bothering to listen to this woman. Did she get anything right during her 8 years with Bush? Can she perhaps see a mountain top mine from her Bay Area home?

    Chris Reich
    www.BizPhyZ.com