Tuesday, August 29, 2006

Putting the Green in Green


One of the good things about $3 a gallon gasoline is that money is finally flowing into finding cheaper, more reliable sources of energy. The Boston Globe is reporting that in the first six months of this year venture capitol funding has ballooned to 445 Million dollars, up almost 60% over all of last year.

As Business Week points out, “You know a cultural movement is real when the money men get on board”
, and they are getting on board in increasingly meaningful numbers. Lets hope all this cash helps get green tech out of the news and into homes and driveways.

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