Wednesday, January 19, 2011

Weak Venture Funding

This has not only been Obvious but follows the many years where all we do is talk, add the fact that those who need not believe in the obvious, climate change rapidly, have been effectively putting the brakes on what we once were envied around the world for, innovation, rapid advancement in development and a once highly experienced and hard working work force! We've lost the trades experience to do much ourselves, we push papers while depending on others, who are now well trained in the needed trades and getting better as the experienced train the new, to produce our needs, even welcoming foreign investment and businesses while those with wealth here hoard it!!

Cleantech Future Threatened By Weak Venture Funding


01/19/11 - The push to develop cleaner energy technologies--a widely embraced strategy for nurturing innovative new industries--is increasingly threatened by a shortage of investment, according to venture capitalists, entrepreneurs and renewable energy experts.

New technologies that can enable broader use of wind, solar, and other renewable forms of energy require billions of dollars in research and development. But potential investors are balking at the sums involved, cognizant that early-stage technologies are an especially risky bet, with the majority of start-up companies almost certainly doomed to fail.

At the same time potential American ventures are stalling, China's leaders are directing enormous political and financial support toward forging a Chinese-made clean energy future. {continued}

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