Why There’ll Probably Be No “Green Bubble”
Investors have been concerned about a “green bubble” from speculation in environmentally-friendly firms all year. Some even suggest that the bubble has already burst, at least in terms of support from politicians and the public. The most common bubble-beware argument suggests venture capitalists will repeat their dot-com mistakes and throw billions away at the green version of Pets.com. But there are plenty of reasons why the dot-com/green-tech analogy doesn’t quite hold up. For one, many investors have been, and still are, quite skeptical about whether the green revolution is real. Also, there have been no significant land grabs yet (with the possible exception of managing “smart” electric grids due to new regulations) brought on by advances as significant as the…
0 Comments