Will The Lies Of Clean Energy Investors In 2009 Trip Them Up Again In 2021?

  • Date: 22-Oct-2020
  • Source: Forbes
  • Sector:Oil & Gas
  • Country:Gulf
  • Who else needs to know?

Will The Lies Of Clean Energy Investors In 2009 Trip Them Up Again In 2021?

Side view of man in suit pointing at himself looking at shadow with long nose of a liar.



getty

2021 could look a lot like 2009 for many venture capitalists. In early 2009, when the Democrats took over the Presidency and both houses of Congress, there was an expectation that major climate change legislation was coming. It was part of a general sense that climate change was going to be a big focus not only in U.S. federal government circles, but also within the investor community as well.

At the time I was a wet-behind-the-ears “cleantech” VC, fairly recently removed from the Bay Area to Boston. And what was very striking was how active the cleantech venture capital sector suddenly became, over just