Venture to guess where the money's flowing?

Summary:You got it. Venture capitalists are pouring billions into alternative energy.

You got it. Venture capitalists are pouring billions into alternative energy. Every little blip in the fossil fuel market, every little Japanese quake that shuts a nuc plant, each political hiccup leads to even more interest in locally-produced alternative fuels.

Today Ernst & Young projected $375 billion will be invested in alternative energy companies over the next decade. Not nearly as much as the U.S. has spent in Iraq, but still a pretty big number. More than Exxon's annual profit at least.

Topics: Start-Ups

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Related Stories

The best of ZDNet, delivered

You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
Subscription failed.