With so much else going on, it’s easy to overlook how much the Obama administration has done to support greentech in its first 100 days in office. The president’s proposed budget includes grants for clean power, tax credits for solar, wind, geothermal and energy efficiency programs, smart grid funding, weatherization programs and a new tax credit for cleantech hardware manufacturing. The Department of Transportation has raised fuel efficiency standards for the first time in almost three decades, and the EPA issued a groundbreaking ruling that may allow the agency to regulate carbon emissions. The president has also set a goal of creating 3 million green collar jobs as part of his plan to increase the country’s renewable energy production.
All this, plus the new vegetable garden in the White House backyard. It’s quite an impressive start.
Read Full Post »
Another interesting little piece popped up on earth2tech this morning that I just can’t resist sharing. As a PR firm, we love working with startups. Really, we do: the struggle to grow is an adrenaline rush, and the challenge of defining their identity even as they work to determine how they fit is oftentimes frustrating, but extremely rewarding. These days, green startups are exploding, however, and even VCs are having trouble gauging which ones are the real deal.
With stimulus funds now flowing into the smart grid, investors are rushing to get in the game. And the opportunities are indeed aplenty. According to Katie Fehrenbacher, picking the market leader should be easy: the firms that have managed to complete deals with larger utility companies are clearly a step ahead of the game, right? The problem is that most utility giants are currently “sampling” the smart grid landscape, and doing a host of smaller pilot deals with several startups. And this means that almost all of the contenders have some small deal with a larger utility company. So how to suss out the winners from the also-rans?
This is a really interesting discussion that will undoubtedly get hotter as the push toward energy efficiency grows. Listen and learn…
Read Full Post »