Wednesday, April 19, 2006
With oil topping $70 a barrel, The Washington Post reports on a surge in venture capital backing the next wave in "disruptive technologies" (a good thing, apparently); namely, alternative energy, green chemistry and sustainable industry. Like the Internet before it, some investors see so-called Greentech as the next big thing and the names the Post drops in connection with it -- Gates, Case, Allen, Doerr, McNealy, et al -- not only recalls the dot.com boom but also gives the idea some weight. Indeed, one can almost hear the cash registers ringing. At the same time, though, the article is light on substance. Aside from ethanol (a controversial technology in terms of sustainability, though not perhaps in terms of $$$, given the soaring price of crude), few specific technologies are addressed. Myself, I just want to know where I can go to get stock options.
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2 Comments:
Sorry but the next big thing needs to be "accountability". There will never be a meaningful shift in energy policy while the Republicans are running this nation into the ground. Ask why the Sierra Club is betraying its dues-paying membership by backing a Republican for the contested Senate seat--a Republican who, according to Sierra Club's own website--voted against the environment 4 out of 5 times last year. A Senator who, again according to Sierra Club, voted against striking damaging tax incentives for polluting energy sources. How can alternative energy ever get off the ground while corrupt "environmental" orgs like Sierra Club work against progress by helping to maintain the status quo? Wake up people. Sierra Club is a scam.
I admire that you publish negetive feedback.
do you think battery power is a kind of greentech?
outsider.
ps:a good stock to buy..in malaysia,
ETITECH, listed on Mesdaq.
see: ETITECH.COM.MY
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