Tuesday, November 2, 2010

Betting on Green Businesses

Smart Money and Green Investments

Clean-tech start-ups must look beyond a market of “bourgeois bohemians,” women investors say.

Really, "bourgeois bohemians"? Think, if you really can, Reality, oh and you might also as to your kids kids and on down the line, but you won't be here so hey!!

November 2, 2010 - There are lots of reasons for going green — 1.5 million of them in California alone. That’s the number of jobs that have been created over the past 35 years as a result of the state’s energy efficiency policies. Together, they’ve generated a $45 billion payroll.

California jobs in clean transportation, renewable energy, clean air quality, green building construction, energy efficiency and environmental protection have grown 10 percent since 2005, or 10 times as fast as state jobs overall, research shows.

It’s a trend fueled by volatile prices of oil and gas, increased environmental regulation, aging infrastructure and concerns for national energy security — and investors are paying attention. A 2009 survey by the National Venture Capital Association estimated that venture capital investment in clean technologies would grow by 63 percent globally through 2012. {read rest}

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