Global Clean Tech investment to reach $7 trillion by 2030: study

February 8, 2008

Cambridge Energy Research Associates said in a report that clean tech investment will exceed $7 trillion by 2030, including investment in wind turbines, solar panels and biofuels. The study warns that the rapid increase in the pace of investment and change could have a material disruptive impact on the traditional models of energy production and distribution, including disruption of the vehicle transportation market. It said that countries such as Germany in the photovoltaic sector, Brazil in biofuels, Spain in wind energy, and Asia in clean technology research and development are among the regions and countries that have established a major platform in the emerging clean tech industries.

Greentech Media said that venture capital (VC) invested $750 million in biofuels feedstocks and technologies in 2007 led by the $70 million investment in Amyris synthetic biofuels. Overall, VC investment in renewable energy last year increased by 50 percent to $3.4 billion.

The total investment represented a significant acceleration in the 2nd half of the year. The Motley Fool reported that cleantech investment by venture capital increased to $1.1 billion in the first half of 2007, up 35% from 2006.

A report by the National Venture Capital Association said that California, Massachusetts, Texas and Washington state have received the most clean tech venture capital funds.

Treasurers in 11 US states and institutional investors pledge $10 billion for green technology investment

Treasurers in 11 US states, and institutional investors such as Calpers, pledged at a UN meeting to invest more than $10 billion over the next two years in green technologies. Cambridge Energy Rese...

Today in Biofuels; Vermont House passes marijuana-to-moonshine biofuel bill; study says corn ethanol increases greenhouse gases by 93 percent; UN says world on brink of “age of green economics”

Top Story: U.N. Secretary-General Ban Ki-moon said that the world is "on the threshold of another (transformation) -- the age of green economics," and said that "Businesspeople in so many parts of ...

Nasdaq adds Verenium to two clean-tech sector indexes

Nasdaq has added Verenium, a developer of cellulosic ethanol technology and specialty enzymes, to the Nasdaq Clean Edge U.S. Index (CLEN) and the NASDAQ Clean Edge U.S. Liquid Series Index (CELS), eff...

Corn ethanol reduces greenhouse gases by 40 percent compared to gasoline, and can expand to 33 billion gallons by 2030, new studies find

The Illinois Corn Growers Association released two studies from the ProExporter Network and the University of Illinois' Chicago's Energy Resources Center, that conclude that US ethanol production has ...

Seeking Alpha projects oil to reach $125 a barrel in 2008

Seeking Alpha projects that oil will reach $125 per barrel in 2008. Commentator Byron Wien said "China and India are consuming less than two barrels of oil per person per year while we consume 26 b...

Brazil blacklists the “green list” at Bali; says 43-product list has unproven climate benefits, overlooks ethanol; US, European sponsors say will increase usage of listed clean tech products by 14 percent

At the UN Conference on Climate Change at Bali, Brazilian external relations minister, Celso Luiz Amorin, ripped into a 43-product list "green list" proposed for tariff liberalization, saying they had...

Written by Jim Lane · Filed Under Research