US President Barack Obama is hoping to pull his nation out of its economic funk by turning it into a “green machine”. But he faces an uphill battle transforming his land of opportunity and hyper-consumption in the face of entrenched interests, scepticism and inertia.
However, there is cause for hope. As this report from The SMH’s Washington correspondent Anne Davies reveals, Californian venture capital firms are hot for clean tech.
US President Barack Obama is hoping to pull his nation out of its economic funk by turning it into a “green machine”. But he faces an uphill battle transforming his land of opportunity and hyper-consumption in the face of entrenched interests, scepticism and inertia.
However, there is cause for hope. As this report from The SMH’s Washington correspondent Anne Davies reveals, Californian venture capital firms are hot for clean tech.
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