Comments on: U.S. behind in green investment
Cleantech venture capitalist says U.S. is 20 years behind and better get onboard if it wants to take the lead and cash in.
Cleantech venture capitalist says U.S. is 20 years behind and better get onboard if it wants to take the lead and cash in.
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people are saying here is just plain hooey. Most VCs and
investors are seeking tax breaks and subsidies to make their
business ventures essentially risk free. Much of the hype about
the need to encourage cleantech investing is about a
government hand out to wealthy investors. Don't believe it for a
second, cleantech will thrive on its own without government
intervention. The biggest thing that the government can do to
encourage the industry without subsidy or tax break is to
enforce existing landfill regulations. That alone will improve the
environment, force communities to find new solutions to their
waste problems, and make cleantech profitable by market
mechanism (non-enforcement of landfill rules has resulted in
obscenely low tipping fees and leaching of toxic waste into
groundwater).
The second thing everybody, including Al Gore and his energy
inneficient home, needs to do is admit that conservation/
reduced consumption is going to be part of the equation.
- U.S. GREEN INVESTMENTS
- by shawnkalin August 24, 2007 10:20 AM PDT
- Companies such as EcoMergers http://ecomergers.com are helping America catch up. By matchmaking between buyers and sellers EcoMergers is among the leaders in a web 2.0 model of green investments.
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(3 Comments)regards,
shawn kalin