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Word: cleantech (lookup in dictionary) (lookup stats)
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...Clean tech is gaining traction. In the first half of this year it has attracted $1.4 billion in venture funding, almost twice the amount invested in the first half of 2005, according to the CleanTech Venture Network, an industry-watcher. In May, NASDAQ launched its Clean Edge U.S. Index to follow 47 publicly traded clean-energy stocks. Institutional investors are finally catching on, too. Investment banks, hedge funds and state pension funds like CalPERS (the California Public Employees' Retirement System), which has put $700 million toward renewable energy technologies, have helped make clean energy tech's fastest-growing sector...

Author: /time Magazine | Title: The Green-Tech Venture Capitalist | 10/23/2006 | See Source »

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