If you want to know what's going on, always follow the money. That's a true for seeking the origins of cleantech FUD (Fear, Uncertainty and Doubt) as it is for the future of fossil fuel and carbon heavy industries. The dinosaurs are dying, unless they can evolve, very quickly.
Short article from Crunchbase on the higher valuations and investments into low carbon businesses.
Some good news in challenging times!
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But for those of us who think following the money tells us something about where we’re headed, much about the current direction looks positive from a climate perspective. Because the money is certainly moving away from the purveyors and power users of fossil fuels. And it’s heading to those for whom going carbon neutral can be a minor extra cost in a very profitable business.