Green Investing Slows, Perhaps Marking Shift To New Biofuels

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First Posted: 01- 7-09 11:02 AM   |   Updated: 02- 7-09 05:12 AM

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San Francisco Chronicle:

Green tech companies worldwide received a record $8.4 billion in venture capital during the year, according to figures released Tuesday by the Cleantech Group consulting firm. That's a solid 38 percent increase from $6.1 billion in 2007.

But all that growth came in the first three quarters of last year. Spending fell 35 percent between the third and fourth quarters to hit $1.7 billion, the lowest quarterly total in more than a year.

Within alternative fuels, much of the attention has shifted away from first-generation biofuels such as ethanol and biodiesel. Instead, investors are focusing on algae and synthetic biology, tweaking the genes of microorganisms to make them produce fuel.



Read the whole story: San Francisco Chronicle

Green tech companies worldwide received a record $8.4 billion in venture capital during the year, according to figures released Tuesday by the Cleantech Group consulting firm. That's a solid 38 percen...
Green tech companies worldwide received a record $8.4 billion in venture capital during the year, according to figures released Tuesday by the Cleantech Group consulting firm. That's a solid 38 percen...
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- TimNorman I'm a Fan of TimNorman 2 fans permalink

You can take wood chips heat them in a vacuum and suck off the bio-diesel. Then compress the leftover carbon into pellets and stick it down old coal mines.

    Favorite    Flag as abusive Posted 11:37 AM on 01/07/2009
- frantaylor I'm a Fan of frantaylor 22 fans permalink

By the time you are done heating and vacuuming you have consumed a lot of energy to accomplish something rather dubious.

    Favorite    Flag as abusive Posted 01:17 PM on 01/07/2009
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