Michael Kanellos
Buildings are the George Harrison of green tech. Usually, it’s the first two guys–solar and biofuels–that come to mind when the green tech gets debated. Buildings are typically in the “oh yeah, that too” category.
But entrepreneurs and VCs are gravitating toward the topic and for good reason. Buildings account for nearly half of greenhouse gas [...]
Michael Kanellos
Tesla Motors chairman Elon Musk is serious about getting beyond sports cars.
At a press conference with California Governor Arnold Schwarzenegger, Tesla co-founder and chairman Elon Musk said the company has an ongoing program to produce an all-electric car that will cost under $30,000. It probably take “four years at most” to get such a car [...]
Daniel Englander
Despite the near daily hum telling us that we’re in big trouble, sometimes we read something that makes us think: wow, we’re in big trouble. An Ernst & Young report released yesterday profiling 40 benchmark oil exploration and production companies in the U.S. found oil production has remained flat at 1.2 billion barrels per year [...]
Daniel Englander
A colleague of mine recently told me of a conversation he had with a friend of his in the investment community. Greentech is more concept than reality, the investor said, and the market is bound for a drastic shift once investors figure that out. A lot of the focus in the greentech market is on [...]
Michael Kanellos
This past weekend, I was talking about a tech company with a friend of mine. The company in question looked promising, but the exit strategy patently seemed geared toward a quick sale.
“It’s a burger,” he said. “Born to flip.”
That description will become more common in the world of biofuels. A whole raft of cellulosic [...]
Daniel Englander
The concept of the Prisoner’s Dilemma is pretty familiar to anyone who’s taken an introductory economics course in college. Briefly explained, two co-conspirators are arrested and interrogated in different cells. The police, who have incomplete information about the crime, tell each conspirator their night will end in one of three ways: (1) each conspirator can [...]