The New York Times profiles just one of the ways that Kleiner Perkins will profit from the carbon legislation it is helping the Obama administration to craft and sell.

Kleiner Perkins Caufield & Byers, one of Silicon Valley’s top venture capital firms, is betting that such a cap-and-trade law or carbon tax will open the door for a new kind of software company.
Since 2007, it has been quietly incubating Hara, a start-up that on Monday will start selling software to help businesses measure and reduce their greenhouse gas emissions.
“This is not ‘greenwash.’ It’s dollars to the bottom line,” said John Doerr, a partner at Kleiner Perkins, which invested $6 million in Hara.
Mr. Doerr, who has been a strong advocate for legislation that puts a price on carbon, says software like Hara’s will be vital to making it work. “We can pass all the laws we want, but if we don’t track, manage, verify and achieve the goals, we’re going to be lost, and we’re only going to be doing that with information technology,” he said.
Amit Chatterjee, the founder and chief executive of Hara, says the name comes from the Sanskrit for “green.” He previously ran a group at SAP, the software giant, that helps businesses navigate accounting regulations like Sarbanes-Oxley.
When Mr. Chatterjee thought about the next set of regulations for which businesses would need compliance software, he came up with greenhouse gas emissions.
“A post-carbon economy is arriving in this decade,” he said. “This creates an environmental record for your company.”