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The $1B question is whether or not this cycle of climate tech is different. There's some good reasons to believe it is. Climate change is much more dire and we'
by thesausageking 6y ago
The $1B question is whether or not this cycle of climate tech is different. There's some good reasons to believe it is. Climate change is much more dire and we're starting to actively feel the effects. Consumers and governments are more aware of it and actively want solutions, which means there is real market demand for electric cars, clean energy generation, etc. This all means that, unlike cleantech 1.0, there are real business models for these startups.
- CamelCaseName 6y agoWhile that is ideal, another strategy is to implement government subsidies (or taxes) to privatize the social costs of pollution. Regrettably, Al Gore's loss in 2000 saw environmental policy fall by the wayside and we are slowly picking up the pieces. Carbon credits is a good example of this, but it illustrates the pitfalls clearly: if not everyone is subject to the same environmental regulations, those who are will lose their competitive edge.