Clinton Calls for $1B in Cleantech Stimulus

Image from Wikipediahttp://earth2tech.com/2008/04/03/clinton-calls-for-1b-in-cleantech-stimulus/
Excerpt:
"Presidential hopeful Sen. Hillary Clinton unveiled an agenda this week in Pittsburgh, Penn., that seeks to dole out $7 billion in tax benefits annually to encourage job creation. Why does the cleantech world care? Because of that money, a whopping $1 billion would be used to shore up federally funded cleantech R&D and the domestic manufacturing of clean energy goods.

Clinton’s calling it “insourcing” (as opposed to “outsourcing” our jobs overseas) and is advocating a “Made Green In America” fund that would invest $500 million annually to encourage the transition to a green economy."

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Cleantech investment in 2007 up 43 percent, tops $3 billion

Excerpt:
"The latest set of figures on cleantech investment in 2007 are out, compiled by Dow Jones VentureSource, showing a total of $3.04 billion in deals around the world with a solid 83 percent of all deals sourced in the United States.

The Dow Jones numbers look even more bubbly in some ways than the Thompson Financial / NVCA stats we reported back in November, which had cleantech investment for the first three quarters of the year at $2.6 billion. Dow Jones counts deals differently, and didn’t include some of the mega-fundings like the $500 million investment in Delta Hydrocarbon BV that Thompson factored into its total.

Instead, Dow Jones counted up dozens of small deals, painting a picture of rapid sector expansion. Deal volume in the United States alone was up 54 percent, with the category of alternative energy production notably ballooning to 76 deals — well up from the 2005 and 2006 numbers of 22 and 47, respectively. Th deal volume in Europe was almost flat, but investment rose 27 percent to €266 million."

http://www.theindustrystandard.com/news/2008/02/29/cleantech-investment-2007-43-percent-tops-3-billion

VentureBeat - See you at ThinkEquity’s clean tech conference

Excerpt:
"Full details are here....Speakers include the following:
Vinod Khosla (leading investor in clean technology)
Michael Chiarello (NapaStyle CEO and FoodTV host)
Yogi Goswami (former President of the International Solar Energy Society)
Michael Marks (former CEO of Tesla Motors; Tesla will display a Roadster at the conference)"

http://venturebeat.com/2007/12/01/see-you-at-think-equitys-clean-tech-conference/

Gore joins major venture capital firm

Gore joins major venture capital firm

Excerpt:
"Nobel Peace Prize winner and former Vice President Al Gore announced Monday he's joining Silicon Valley's most prestigious venture capital firm to guide investments that help combat global warming.

Gore, an environmental activist who won an Academy Award for his global warming documentary "An Inconvenient Truth," joins Kleiner Perkins Caufield & Byers as it and dozens of other venture firms headquartered in Silicon Valley expand beyond software, computer hardware, the Internet and biotechnology to so-called "clean-tech" investments worldwide.
Gore is expected to be a high-profile, active partner at Kleiner Perkins. He's already a senior adviser to Google Inc. and a member of the board at Apple Inc. Alliance for Climate Protection, the advocacy group he co-founded, is based in Palo Alto."

http://news.yahoo.com/s/ap/20071112/ap_on_hi_te/gore_venture_capitalist_4;_ylt=Ao6X_r0camMt1hAUvS_69vgE1vAI

Expansion Capital Closes $100M Cleantech Fund

Three Thoughts on a Cleantech Bubble