Let's see how we are doing on the environmental front with our ongoing evolution.
Clean Tech Investments Plunged in 2012
by Environmental Finance, 6 January 2013 (hat tip NC)
The San Francisco-based analysis firm’s preliminary 2012 results recorded venture capital (VC) investments of $6.5 billion in the clean-tech sector, down from the record $9.6 billion in 2011.
The number of deals seen in 2012 were 704, 15% lower than the 829 tracked in the previous year.
Clean-tech mergers and acquisitions (M&A) deals have consistently dropped in value over the past eight quarters, and totalled $39.7 billion in 2012.
“2012 was a difficult year for the sector,” Sheeraz Haji, CEO of Cleantech Group, said in a webinar presenting the figures. Early last year, the firm predicted that 2012 would be a record-breaking year for clean-tech investment.
Whoops! Not so good.
Deringolade and I, I suspect, are too old to be building our bunkers. But the youngsters (under 50) should be getting started.