Green Investment Updates Part 2
This week we found two more articles about the trend to alternative energy investments. In the first, the New York Times reports on the likely beneficiaries of the changed US congress being a range of companies from across the sector. According to the article investors can expect subsidies, tax policy and research dollars to be focused on all manner of alternative energy companies in the coming years, with predictable benefits in stock prices.
In a related article, Newsweek describes the venture capital group Kleiner Perkins decision to invest $200 million dollars in green tech.
The most interesting thing to us about all of these articles taken as a whole is the frequent and unqualified comparisons between green tech and the .com boom. Then again with so many of these companies still unprofitable, maybe the comparison is justified.