Forum > Engineers and Environment > capitalism and technology to effect positive social change.

Posted by Susan Sharma on June 09, 2007

 

There is a growing sense of panic among global political and business leaders, especially in countries such as Singapore that have large coastal regions threatened by rising sea levels.

Therein lies the profit opportunity for Silicon Valley technologists, who are quickly shifting more attention to clean-tech. Clean-tech ventures are now receiving ten percent of venture flows, up from just one percent a few years ago.

 “We think clean-tech is the biggest economic opportunity of the 21st century.” As if Silicon Valley clean tech entrepreneurs and investors didn’t already have enough reasons to feel bullish about the fast growing clean tech industry, a disturbing new scientific study published May 21 in the Proceedings of the National Academy of Sciences reported that the annual growth rate of global C02 emissions measured in 2004 is nearly triple the rates previously measured between 1990 and 1999. 73 percent of global carbon emissions growth is coming from developing countries like China and India.

- Nicholas Parker, co-founder and chairman of The Cleantech Group, an international network of clean tech business leaders and investors

Share this post:

Post your Comment


Download IWC Android app     IWC Android app



Copyright © 2001 - 2021 Indian Wildlife Club. All Rights Reserved. | Terms of Use

Website developed and managed by Alok Kaushik