Friday, October 31, 2008

Records Made to be Broken

I know I complained that Obama's promise of $15B on renewable energy spending seemed paltry. Compared to this, however, it looks large:

Capital investments in U.S. cleantech companies reached a record $1.6
billion in the third quarter, according to an Ernst & Young LLP analysis
based on data from Dow Jones VentureSource.

A total of $3.3 billion was invested in the first three quarters of 2008, surpassing the figure for the same period last year by 71 percent, the report said.

Forced to choose, I'm sticking with paltry. Bold action is needed.
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