Clean technologies alluring to venture capital
By Gary Rieschel | China Daily | Updated: 2008-11-10 07:39
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JUCCCE Chairwoman Peggy Liu (2nd from left) speaking on Ramping up Renewables at the 2008 Clinton Global Initiative with Wesley Clark (1st from left), retired US Army general and director of Emergya Wind Technologies, Marcel Brenninkmeijer (3rd from left), founder and chairman of Good Energies, Lester Brown (2nd from right), president of Earth Policy Institute, and Carol Browner, principal of the Albright Group. |
Since 2000, venture capitalists (VCs) have invested $10 billion into clean tech companies, with the investment approaching $4 billion in 2008 alone. Where is this money going? Seventy percent of the investment to date is in the United States (US), less than 10 percent of that in China.
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