Charles Koch Quotes
We are not trying to prevent new clean energy businesses from succeeding. Any business that's economical, that can succeed in the marketplace, any form of energy, we're all for. As a matter of fact, we're investing in quite a number of them, ourselves - whether that's ethanol, renewable fuel oil.
Koch, Charles G. Interview by Anthony Mason. CBS Sunday Morning, CBS, 11 Oct. 2015.
Lott, like many other reasonably intelligent people who understood little about technology, did not realize that all the early efforts with a technology are relatively primitive and even the best ideas have to be engineered to scale and cost efficiency. A decade later, solar energy had become a significant industry in the work and the United States, which had invented many of the early technologies had lost the international lead in Solar Energy to Germany and China. The ultimate value of any technology cannot be judged by the initial technological efforts.
Charles de Ganahl Koch is an American billionaire businessman and philanthropist. As of April 2021, he was ranked as the 15th-richest person in the world on Bloomberg Billionaires Index, with an estimated net worth of $63.1 billion. Koch has been co-owner, chairman, and chief executive officer of Koch Industries since 1967, while his late brother David Koch served as executive vice president. Charles and David each owned 42% of the conglomerate. The brothers inherited the business from their father, Fred C. Koch, then expanded the business. Originally involved exclusively in oil refining and chemicals, Koch Industries now includes process and pollution control equipment and technologies, polymers and fibers, minerals, fertilizers, commodity trading and services, forest and consumer products, and ranching. The businesses produce a wide variety of well-known brands, such as Stainmaster carpet, the Lycra brand of spandex fiber, Quilted Northern tissue, and Dixie Cup.
