Venture to guess where the money's flowing?

Venture to guess where the money's flowing?

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

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TOPICS: Start-Ups
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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.

Topic: Start-Ups

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  • Because, of course

    we all know that alternative energy sources are completely immune to earthquakes, natural disasters and market forces.

    I swear, one of the symptoms of environmentalism is a lowering of IQ to the moron level and a total detachment from reality.
    frgough