Thursday, March 31, 2011

Why climate change is now irrelevant to clean energy 3


MORE: Business, China, clean energy, clean energy jobs, clean energy policy, clean energy race, cleantech, climate change, Grist List, The Grist List
Clean energy isn't about climate change any more, it's about China. So says cleantech investor Alex Taussig. That's his takeaway from last week's summit of ARPA-E, the government agency tasked with funding energy innovations so crazy or with such far-off payouts that no private company would ever touch them.

"It used to be that the [three] legs of the cleantech stool were Economics, Security, and Environment," Taussig blogs at GigaOm. But in an uncertain political and economic climate, the environment has taken a back seat to a much more immediate "threat": China.

See full Article.