Clean-energy industry: Trends to watch and how to invest your money - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

An angel investor who's funded 30 companies explains what to watch for in the resurgent clean-energy industry

since 2010. And investors like Tom Blum are talking about it. He's an angel investor who's been funding companies in the clean-tech industry for more than 20 years.

That's made room for a raft of startups, which have built businesses around everything from energy storage to carbon capture. "What's nice about the liquid air is you don't need a big footprint to do this," Blum says. "This is a fairly energy-dense medium."stacking concrete blocks And Blum doesn't typically bet on batteries. He joked: "Send me a list of people who've made money in batteries."

"You're making electricity, but those electrons actually don't make your lights do anything differently," he said. "It's coming from a source that's not releasing greenhouse gases, but you didn't make the light better. So you didn't create this new network of users that opens up a new business model, in most cases.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines