Thursday, April 2, 2009

Clean Tech Understimulated, Venture Money Down 48% | Wired Science from Wired.com

For a U.S. economy devastated by its dependence on the largely depressed finance, insurance and real estate sectors, green tech could be just right for what ails it. By producing new exportable technology, wind turbine makers, solar panel builders and other types of companies could create a new industrial base for America. But to replace one G.M., or even one Lehman Brothers, renewable energy, smart grid and green home companies are going to have to grow fast. And dessication of the funding pool isn't going to help that happen.
Clean Tech Understimulated, Venture Money Down 48% | Wired Science from Wired.com

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