The matter of cost has proven to be the most common errors made with the subject of Cleantech. With over a decade within the industry and supplying over $450 million in venture capital to green corporate start-ups I have seen the cost levels decrease by nearly 100% since we first started Sigalla Partners in 2002. With the introduction of overall cost effective measures in scientific infrastructure, cleantech is an industry that aside from saving the planet from the dire situation it is in, will be the largest growth sector of the 21st Century.
Endorsing this stance is the highly influential Vinod Khosla, the co-founder of Sun Microsystems, who is currently dispelling the myth of the expenses related with cleantech.
Below is a video of Vinod Khosla -Dispelling the Myth that Cleantech is capital intensive:
Financial costs decrease when any technology moves from its incubation towards common practice.
ReplyDeleteAlso money is no good if we haven't got an environment to spend it in.