Saturday, April 21, 2012

California green economy leads U.S.

California green economy leads U.S. in venture capital, patents
April 19, 2012 - California is racing ahead of the rest of the United States in clean technology, attracting most of the venture capital and filing the most patents.

So reports San Francisco nonprofit nonpartisan group Next 10 in a study done with Collaborative Economics of San Mateo.

According to the study, the 2012 California Green Innovation Index, the Golden State “is setting an accelerating pace for the United States in terms of venture capital (VC) investment, clean tech patent registration, energy productivity levels and renewable energy generation levels.”

Registration of clean technology patents went up 41 percent when comparing 2008-2010 with 2005-2007.

From 2010 to 2011, clean tech investment in California jumped 24 percent to $3.5 billion.

Sun not dimmed by Solyndra’s eclipse

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