Will Washington’s Clean Tech Spending Spree Pay Off?
Jennifer Kho this week asks what I can only assume is a rhetorical question on Green Inc. Blog at NYT, “Is Washington the New Wall Street for Cleantech?”
There was almost $30 billion in the stimulus bill that could be described as allocated toward cleantech. Lobbyists are flocking to the Hill on Waxman-Markey, and they don’t work for free.
There is ample evidence that angels and VCs are now second fiddle to the American taxpayer when it comes to cleantech capital for the next generation of innovation and investment.
| [ Permalink ] |



A little two-man submarine in Lake Tahoe, California, is searching for jobs under the water.
NYT ran a story on the front of the business section 
NASA climate scientist James Hansen and 30 other demonstrators were arrested in West Virginia while protesting the practice of mountaintop-removal coal mining, which Hansen says President Obama must ban as the U.S. weans itself off fossil fuels. Hansen; actress Darryl Hannah; Michael Brune, executive director of the Rainforest Action Network; and Ken Hechler, a 94-year-old former congressman, were among those arrested as they blocked traffic on a highway in front of a Massey Energy coal plant in Sundial, West Virginia.
A partisan divide, climate change doubters ridiculed by by environmental advocates, concerns about the global competitive impact of being a carbon control leader, and uncertainties surrounding market function, pricing and cost to consumers… Sound familiar?






