VC Firms Are Pouring Billions Of Dollars Into Green Tech ...Middle East

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VC Firms Are Pouring Billions Of Dollars Into Green Tech
source : OILPRICE ( Middle East ) () 21
ESG investing: it's in every media outlet and on every bank's business plan. A rush to what many call alignment of values with investment goals has led to a flourishing new industry with funds popping up like mushrooms after the rain. Green-tech startups are the new dotcoms, it seems, and the danger of a bubble seems distant—for now. Interestingly enough, things were very different just a few years ago, as the Wall Street Journal's Scott Patterson noted in a recent article. The past decade, he wrote, saw a pullout of investors from the green…

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