Is clean tech the next bubble?
The past decade saw investors do a tap dance to the tune of Boom and Bust. First there was the dot-com bubble and the slew of other technological breakthroughs that came with it. Then we witnessed the supposedly invincible housing market complete a jaw-dropping boom-bust cycle. The young 21st century even delivered a notable financial bubble, as well as its inevitable bust.
Sidling along in the background were the seedlings of an industry on the verge of taking flight — alternative-energy technology.
Despite a drop in the overall volume of venture-capital deals last year, investments in clean-technology companies totalled US$8.4-billion, up nearly 40% from 2007, says a 2008 report by Cleantech Group, a San Francisco-based trade organization. In the third quarter of 2008 alone, venture capitalists poured US$2.65-billion into clean technology, a quarterly record. In the fourth quarter, they invested US$1.7-billion.
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Tags: clean technology, sustainability
This entry was posted on Tuesday, December 29th, 2009 at 12:16 and is filed under logistics, supply chain management, sustainability. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.