October 01, 2009
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Environment Management Newsletter October 01, 2009 |
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| This Week´s Featured News Stories |
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VC clean tech investment exceeds Q3 expectations
Global venture capital (VC) investment in clean technologies is fast approaching pre-recession levels, according to new figures from research firm Greentech Media. The data reveals that investment during the third quarter rose 58 per cent to $1.9bn (£1.2bn). The performance followed similar gains during the second quarter, when VC investment rose from $836m during the first quarter of the year to $1.2bn, and fuelled predictions that investment could return to the record levels recorded in 2008. According to the report, solar continued to dominate the sector with $575m invested across ... |
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Labour draws battle lines in fight for low carbon business vote
The first electoral battle lines over which party will best support the low carbon economy were drawn this week, after junior business minister Pat McFadden told attendees at the first day of the Labour Party conference in Brighton that the government was better equipped than the opposition to accelerate the growth of the emerging low carbon industries that will both cut emissions and create jobs. Characterising the Conservatives as having `absolutely nothing to say` on low carbon economic strategy, McFadden argued that Labour better understood that the development of new green businesses represents ... |
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