Venture capitalists see profit in greener future

May 13 - CanWest News Service - Venture capitalists shovelled US$3.6 billion into green and clean ventures last year, almost doubling their investment over 2005 and helping drive “cleantech” to become one of the fastest-growing sectors in the North American venture-capital market.

“The opportunities in ‘cleantech’ or ‘greentech’ stem from a growing need in the world for improvement,” said Jim Charlton, senior vice-president of investments at Vancouver’s GrowthWorks. “There is a huge investment opportunity in this. Read More.