Can venture capital save the planet? Tech and political leaders look to change climate for energy innovation

in #greenbooster5 years ago (edited)

Very interesting article....
Picking up on a basic problem I also had to discover during the last years.. clean tech investments are much tougher than e.g. tech / software investments in general...

Climate change poses an “existential threat” to human civilization, a new study says, and many tech leaders believe innovation could be key to preventing its most dire effects. But despite the high stakes, venture capital dollars flow overwhelmingly to companies developing online games, virtual reality and other consumer products instead of breakthrough batteries or cheaper solar panels.

https://www.geekwire.com/2019/can-venture-capital-save-planet-tech-political-leaders-look-change-climate-energy-innovation/

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You are right about this line.
"venture capital dollars flow overwhelmingly to companies developing online games, virtual reality and other consumer products instead of breakthrough batteries or cheaper solar panels.

" sometimes I wonder how much is spent in online game

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