Venture Capital Not Embracing Renewable Energy Start-Ups

Here’s an article on “following the money” in cleantech that speaks to a troubling fact in renewable energy: venture capital would far rather chase arenas that are less capital intensive.  In fact, Ray Lane, then managing partner at Kleiner Perkins, told me this in no uncertain terms when I interviewed him a couple of years ago for my second book, “Is Renewable Really Doable?” 

One could argue (and I do) that it is this issue that provides the imperative for government, perhaps under the auspices of programs like ARPA-E, to invest in stimulating R&D in this space.