Sunday, April 13, 2008

New RE-newables and a RE-cession

What happens when all the renewable energy start-ups, and the investment money behind them, crash headlong into this year's financial crash? A Boston-based clean energy VC with @Ventures, Rob Day says we can expect some good things and some bad things.

To my mind it's like the price of gas at the pump. As it goes up and stays up, it hurts everyone in every business (except the Saudis that is). But while it's a bit of a cliche, the good thing with adversity is it almost always creates opportunity.

Day lays out his four main trends, with a bit of a tilt towards doom and gloom here. I'm looking forward to a day, years from now, when Day's companies are kicking such major ass that it's the old energy companies' stocks that are both gloomy ... and doomed.