In a way, it seems like 2008 has been the "year of green tech".
But recently, between slowing economy, plummeting oil prices, Tesla putting some plans on hold, it seems like some forces are "pulling the plug" on their green tech investments.
I read a lot of things last year about how VCs were experimenting with the idea of alt energy being the new investment opportunity, perhaps the next big thing after the internet.
In particular John Doerr made a really big deal about this...
John Doerr sees salvation and profit in greentech | Video on TED.com
Doerr firm invests in 'green technology' - USATODAY.com
?It?s All About Energy, Stupid!? | Print Article | Newsweek.com
Green Technology: John Doerr on GreenTech Investing
Suddenly all over I see stories about "clean tech / green tech" being a "bubble that is bursting".
Clean-tech bubble talk is a red herring | Green Tech - CNET News
Alternative Energy Faces New Headwinds - Mergers, Acquisitions, Venture Capital, Hedge Funds -- DealBook - New York Times
Momentum slows for alternative energy | The Bulletin
Alternative energy lukewarm in credit freeze - Cleveland.com
Momentum slows for alternative energy in U.S. - International Herald Tribune
Economic Crisis Dims Alternative Energy Plans : NPR
Stocks of solar and other "alternative energy" stocks have been hit particularly hard lately.
I don't know what happens next. Perhaps some of the "bailout money" is earmarked for clean tech, so various entities are just going to hibernate until they can get some of those funds?
What can I say? It is really sad to see this happening like this. Perhaps Chris Paine's next "whodunnit" should be "Who Killed the Alternative Energy Movement?"
Or is this just a temporary speedbump before things pick back up again?
But recently, between slowing economy, plummeting oil prices, Tesla putting some plans on hold, it seems like some forces are "pulling the plug" on their green tech investments.
I read a lot of things last year about how VCs were experimenting with the idea of alt energy being the new investment opportunity, perhaps the next big thing after the internet.
In particular John Doerr made a really big deal about this...
John Doerr sees salvation and profit in greentech | Video on TED.com
Doerr firm invests in 'green technology' - USATODAY.com
?It?s All About Energy, Stupid!? | Print Article | Newsweek.com
Green Technology: John Doerr on GreenTech Investing
Suddenly all over I see stories about "clean tech / green tech" being a "bubble that is bursting".
Clean-tech bubble talk is a red herring | Green Tech - CNET News
Alternative Energy Faces New Headwinds - Mergers, Acquisitions, Venture Capital, Hedge Funds -- DealBook - New York Times
Momentum slows for alternative energy | The Bulletin
Alternative energy lukewarm in credit freeze - Cleveland.com
Momentum slows for alternative energy in U.S. - International Herald Tribune
Economic Crisis Dims Alternative Energy Plans : NPR
Stocks of solar and other "alternative energy" stocks have been hit particularly hard lately.
I don't know what happens next. Perhaps some of the "bailout money" is earmarked for clean tech, so various entities are just going to hibernate until they can get some of those funds?
What can I say? It is really sad to see this happening like this. Perhaps Chris Paine's next "whodunnit" should be "Who Killed the Alternative Energy Movement?"
Or is this just a temporary speedbump before things pick back up again?