From 24/7 Wall Street:

Leave it to billionaire George Soros to try to look good supporting alternative energy while planning to make money at the same time. Soros says he will invest $1 billion in clean-energy technology and donate $100 million to an environmental advisory group to aid policymakers.

Bloomberg says George Soros will screen his investments, saying, "They should be profitable but should also actually make a contribution to solving the problem."

The Soros approach may seem less than charitable, but it may be the right one. Government investments in green energy are hard to track and, like all federal programs, subject to abuse.

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