Northwest Ranked Sixth Globally in 2007 Clean Tech Venture Investments

The Northwest ranks seventh globally among regions attracting clean tech venture capital,  the Clean Tech Group reports. 

Clean Tech Managing Partner John Balbach presented his findings on global clean tech investments and opportunities at the recent enterpriseSeattle Economic Forecast conference.  His presentation is now available on the web and is well worth checking out.  Among the key nuggets:

Clean Tech VC investments which ran below $1 billion annually for many years sharply curved upwards around 2002 and exceeded $5 billion in 2007.

Northwest investment was $261 million, compared to $1.79 billion in California and $790 million in Northeast states.

Energy investments dominated Northwest clean tech VC from 2002-07

China clean tech ranks as the third largest VC sector there and is nearly as large as telecommunications. 

Global urban infrastructure investments will total $41 trillion between 2005-30, with $15.8 billion in Asia, $7.4 billion in Latin America and $6.5 billion in North America.

Energy efficiency opportunities are spelled out by the fact 52 percent of U.S. energy use is now wasted.