Friday, January 11, 2013

Clean tech tank

We noted a few days ago that Australia has been a bit warm.  Our friend Degringolade feels that rather than individual bunker type preparations, we should be flexibly-evolving our way through the coming bottleneck.

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.


John D. Wheeler said...

LOL you are showing your age if you're talking about building bunkers for survival. We're too busy creating food forests.

Degringolade said...

My thoughts are that the current batch of "clean tech" companies and a was to relieve the unduly trusting from wads of cash.

Most clean tech is heavily dependent on massive amounts of energy for their manufacture. Like a hybrid car, they are there to give hope and a way to spend money foolishly to those hopelessly addicted to our current system of energy expenditure.

I can't really see the real responses starting to develop for a couple of years yet. The tainted worldview of the boomers has to be weeded out a little and a more practical and lower impact system has to be embraced.

This is going to take time. What we are doing now is going through the last throes of the old.

russell1200 said...

John: I know you are working at building food forests, but I can assure that the bunker mentality is still alive and well. And of course, there is no reason you couldn't build a bunker on a rocky outcrop in a food forest.

Deringolade: I hope you are right. I am not encouraged. I actually with your idea of being flexible. I just don't see any point in knocking the folks in the bunkers. At the very least they are doing some planning.