Saturday, November 18, 2006

Energy investment

Economist.com: Talks about the investment in clean energy.

"One estimate puts the total investment going into clean energy at $63 billion this year, up from $49 billion last year and just $30 billion in 2004. Some supposedly green business is more relabelling than revolution—companies flogging slightly more efficient versions of standard technologies as exciting innovations—but there is also a flood of money into new energy technologies. Clean energy now gobbles up almost a tenth of America's venture capital. After years of wondering what would be the next big thing after the dotcom boom, America's technology industry is betting on alternative energy (see article). "

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