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Tony Blair has been hired as an adviser on climate change by Californian billionaire Vinod Khosla, the latest in a string of jobs the former prime minister has taken.
The agreement will see Tony Blair Associates give strategic advice to Khosla Ventures, a venture capital firm that invests in companies pursuing green technologies. Mr Khosla, who made his fortune as co-founder of computing giant Sun Microsystems, is hoping that Mr Blair’s decade on the global stage helps unlock doors for the companies that California-based Khosla Ventures invests in.
The former prime minister, briefly enlisted last month by Gordon Brown to help Labour’s flagging election campaign, will lend his name to projects, make introductions and deliver advice. Khosla Ventures has already raised more than $1bn from investors to bet on a range of technologies from solar power to biofuels.
Mr Khosla said that “with Tony’s advice and influence’ we will create opportunities for entrepreneurs and innovators to devise practical solutions that can solve today’s most pressing problems.”
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Source: telegraph.co.uk