17 Jun '11, 12pm

Clean Tech Needs Scale to Succeed

The clean-tech field is a decade old by some measures , which seems like a good time to take stock and ask: How are we doing? I say "we" because, for more than a decade, I have advised large companies on clean tech, as well as green business generally, and I've been an early-stage investor in the sector. (By clean tech, I mean technologies that address resource and environmental challenges -- and I'm thinking mostly of new companies, though some large corporations are notably active in the space.) In my view, success for clean tech means achieving scalable impact in terms of returns for both investors and the environment. By these standards, are we succeeding? Global investment in clean energy has grown five-fold over the last six years to $243 billion in 2010, but still needs to double to $500 billion annually for us to have any hope of reaching global warming targets, ac...

Full article: http://www.greenbiz.com/blog/2011/06/17/clean-tech-needs-...

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