May 6, 2008 5:58 AM PDT - With oil prices over $120 per barrel comes a venture capital report entitled "Cleantech Come of Age" from PricewaterhouseCoopers.The upbeat survey finds that venture capitalists put $2.2 billion into clean tech companies last year and that prospects look good. That's because energy-related issues are hitting consumers at the gas pumps and business executives in the board room.
"There is huge enthusiasm taking place in the cleantech industry and as consumers and corporations increasingly seek new ways to become environmentally responsible, interest and funding directed towards the sector will only continue," Tim Carey, leader of U.S. clean tech at PricewaterhouseCoopers, said in a statement. More >>>
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