California Rakes in the Green Tech Dough
It’s not a secret in the business world, that the climate is now ripe for investment in products or services considered “green“, which is friendly to the environment, to incur substantial fruit. As noted in previous after the Green tech Group reported significant investment enterprises in the field of environmental technology in 2007.
According to the San Francisco Chronicle report, the group also noted that in the U.S., California received the largest amount of investment for one state: 1.79 billion dollars. This represents 45 percent of all green investments in North America.
“Silicon Valley has moved much faster than any other place on our planet,” John Balbach, managing partner in the Clean Tech, was quoted as saying in the San Francisco Chronicle report, explaining why the state got as much green technology dough. “It is the speed at which the innovation economy in California is a transition from one field to another.
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