Cleantech venture capital: Continued declines and narrow geography limit prospects (Brookings)

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President Trump has stressed the importance of oil and “clean” coal in America’s economic growth, and meanwhile a wide range of emerging clean technologies—ranging from renewables and energy storage to nuclear power—also have tremendous potential.

However, igniting an energy boom is going to require lots of innovation, which will in turn require more than just the stepped-up inventions and patenting we discussed a few weeks ago. Rejuvenating energy innovation will also require ensuring the availability of plentiful capital to help commercialize breakthrough “cleantech,” whether these innovations are in the form of hyper-efficient solar modules, new kinds of batteries, or cheaper and safer nuclear.

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