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Viridian Note 00492 Austin Green Capitalism
Links: The first and possibly not-only Clean Energy Venture
Summit, which planned for 300 attendees and got 400,
me included. The Austin Clean Energy Incubator, braintrust of
the event. Austin Technology Incubator. http://ati.ic2.org/ Letter from the Mayor of Austin, who has a degree in environmental design: "To the Guests of the Clean Energy Venture Summit: "I'm pleased to welcome you to Austin for the inaugural Clean Energy Venture Summit. I believe you will find Austin a unique place, ideally suited for the development of the cleantech industry." Link: "In Austin, we have a long tradition of creativity, entrepreneurialism and respect for our natural environment. It's the nexus of these traditions that has resulted in Austin recently being named the nation's top city for cleantech development." (((Yeah, take that, Green San Francisco, Green LA, Green Chicago, Green Seattle, and Green New York.))) "What sets Austin apart from many cities striving to foster cleantech industry is the exceptional combination of resources we're bringing together to help us achieve our goals. The Austin team includes our municipally owned Austin Energy, unquestionably the most progressive utility in the nation; the Clean Energy Incubator, the first ever of its kind; the University of Texas, with its breadth and depth of knowledge; and the citizens of Austin == our most important resource of all. "The Austin City Council recently adopted some of the most ambitious clean energy and energy efficiency targets in the nation. To achieve our goals, we will need new technologies to help us meet the growing energy demands of our rapidly growing community. "Our plan is to build the cleantech industry of the future == and that means attracting the right talent, applying the right resources and leveraging a great team to achieve this. I invite you to play a role in this important endeavor. Together, we can build a tomorrow as limitless as our creativity and vision will allow. Regards, Mayor Will Wynn" (((If you'd told me ten years ago that the Mayor of my home town would be indulging in this kind of rhetoric, I would have been turning cartwheels. The Clean Energy Venture Summit was an intensely dull event. There was scarcely a "visionary" to be seen. On the contrary: suited, duely-diligent lawyers and bankers were throwing millions of dollars at engineers. That's the work of the world, folks. This is our third swing at this particular baseball: 1970s: eco-consciousness raising; 1990s, global political accords; 2010s, cybergreen ecotech. They gotta win, they must not fail, because otherwise, by the 2030s it's gonna be Khaki Green all the way: a future of All Katrina, all the time, for everybody.))) (((I conveyed these bracing sentiments to the attendees. I then went to my Austin home to find a tree in my yard freshly blasted by a massive lightning storm. As a Viridian guru, I'm pretty much getting what I begged for here. But, just like everybody else under our planet's overheated skies, I'm gonna pay a price.))) Link: The corporate darlings of the event (for you boisterous tech investors out there): AgiLight: Ausra. PCN Technologies. SolBeam. AccuWater. (((And, as they like to say, "many others."))) Austin Energy's political pitch: a shotgun marriage of electrical utilities and a (somewhat imaginary) hybrid fleet of American plug-in cars. Link: Media sponsors: GreenBiz, GreenerBuildings, ep Overviews Daily Report, Inside GreenTech, and Red Herring. O=c=O O=c=O O=c=O O=c=O O=c=O O=c=O O=c=O O=c=O
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