| The Green Business Boom |
| Written by Billy Shih | ||
| Wednesday, 09 May 2007 | ||
 Environmentalism’s stigma as being bad business is quickly becoming a thing of the past. “The Cleantech Report” done by Lux Research shows that in the last year green tech IPO values increased 156% and 4,093 clean technology patents were registered. A worldwide phenomenon, Europe leads with 55% of IPO value, Asia/Pacific having the greatest R&D investment and the US holding 72% of venture capital and 46% of patents issued.
Despite the benefits of increased innovation, the rapid increase of investor interest may be a signal of a possible bubble for the green tech industry, more specifically the solar and biofuel segments. Energy holds the lion’s share of investment with air, water, waste and sustainability being mostly under-served. Just looking at the articles posted here at EcoGeek everyday, one can see how much innovation and business is being created through green technologies. I hope that the neglected areas will see some increased investment.
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Science, technology gadgets and...baby seals. We're in a bit of an eco-mess, but we've got the brains to lick any problem. And that's why EcoGeek.org publishes up to ten stories daily about innovations that are saving the planet.
And if that sounds interesting to you, then congratulations, you're an EcoGeek.
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