In October, Third Way raised alarms that a decline in early stage venture capital investment in clean energy technologies threatened America's ability to compete in the $2.3 trillion global clean energy market. Some in the clean energy community dismissed this warning, citing the massive growth of wind and solar capacity in the United States over the past 10 years. Others challenged the importance of early stage investments. They interpreted the decline in funding for new start-ups as a sign that investors were simply shifting their capital into cleantech companies that were nearing their initial public offerings. As long-time advocates of …
Get Grist in Your Inbox
Joshua Freed is the Vice President of the Clean Energy Program at Third Way. He focuses on the policies and strategies needed to bring about clean energy reform and to address climate change.