Venture capital goes green

July 25, 2007

Investment in “clean” technologies is skyrocketing around the world, according to a new venture capital report from consultant Ernst & Young.

About $1.28-billion (U.S.) was invested in 2006 in emerging clean-technology companies in China, Europe, the United States and Israel, close to double the $664-million invested in 2005, the report said.

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