U.S. May Wind Up Green with Envy – CNBC article

wind_turbines1_200Here’s an excerpt of an article from CNBC which gives an idea why without clear, long term energy policy in the U.S., we may fall behind in the global clean tech industry. (Link follows excerpt)

Mark Koba, Senior Editor | 15 Nov 2009 | 06:20 PM ET
Green is not turning into American red, white and blue.

Despite recent advances, the U.S lags far behind other major countries when it comes to clean energy investment and experts say it may never lead, let alone compete on equal terms.

And that’s after some $836 million in green technology deals in 2009—the most ever, according to Greentech Media, and another $8 billion in renewable energy loans budgeted under the Obama administration’s stimulus package.

“We stand to fall farther and farther behind other countries like China and India unless there are fundamental shifts,” says Susan MacCormac, chair of the venture capital and cleantech practices at international tech law firm Morrison & Foerster. “The U.S. should catch up, but odds are low that it will.”

A recent report from Deutsche Bank ranks the U.S. and Canada as two of the worst countries for investing in renewable energy, with Germany, France and China listed as among the best. The report cites a lack of long term and transparent energy polices in the U.S. that would translate into any kind of certainty for investments.

“I think there’s been no long-term vision that’s been executed,” says William Brent, SVP of cleantech practice at Weber Shandwick, an international marketing and communications firm. “The Bush administration pretty much left it (green technology) on the table and Obama’s made some improvements, but there’s no political leadership that you’re seeing in other markets.”

Washington needs to commit to both policy goals and funding levels, says Dr. Fred Murphy of Temple University.


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China Aims Strategically at Clean Tech Industry-a VC’s View

With all the talk about the importance of clean tech in addressing economic, employment, security, and climate issues, what are the actions taking place for the U.S.to be a global leader in the rapidly unfolding opportunity? This quote from Patrick Tam, General Partner at Tsing Capital in Beijing, is quite telling in that the U.S. is not necessarily the annointed one unless we move faster than we are:

According to a Time.com report, “Tam…says the government is aggressively helping seed the development of new green-tech industries. An example: 13 of China’s biggest cities will have all-electric bus fleets within five years. ‘China is eventually going to dominate the industry for electric vehicles,’ Tam says, ‘in part because the central government has both the vision and the financial wherewithal to make that happen.’ Tam, a graduate of MIT and the University of California, Berkeley, says he does deals in Beijing rather than Silicon Valley these days ‘because I believe this is where these new industries will really take shape. China’s got the energy, the drive and the market to do it.’ Isn’t that the sort of thing venture capitalists used to say about the U.S.?”

Quite provoking wake up call for more action…

Read more: http://www.time.com/time/world/article/0,8599,1938671-2,00.html#ixzz0WxAbWqRK

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Clean Tech Open Awards Gala – NW Region

Cleantech Open Logo
After six months of busy competition, the twelve clean tech semi-finalists will be highlighted at the Clean Tech Open Awards Gala on October 29th at the ACT Theatre. Governor Gregoire will keynote the event and Byron McCann, NW Region Clean Tech Open Co-chair, and Managing Partner of Ascent, will emcee.

Three finalists will be selected from the NW region who will then go to San Francisco on November 17th for the national Clean Tech Open Awards Gala.

“I am proud of the innovative and dedicated effort these clean tech entrepreneurs have given to the competition and know that they will form the basis of a vibrant clean tech economy for the NW and the US in the coming years,” said Byron McCann of Ascent.

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NW Energy Angels – New Website

Published on 28 October 2009 by in Clean Tech, News

NW Energy Angels – New Website

Check out the new website for the NW Energy Angels, a private group of accredited investors who are passionate about building a clean tech economy and helping entrepreneurs achieve success.

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Clean Tech Open Competition

Published on 02 April 2009 by in Clean Tech, Event, News

Clean Tech Open Competition

I’ll be speaking at the Clean Tech Open Competition! This is an excellent competition for clean tech start-ups to gain traction.

Clean Tech Open

Join us for the Official Launch of the
2009 Pacific Northwest Clean Tech Open Competition!
Wednesday, April 15 from 5:30pm to 7:30pm

RSVP here.

Join us for the Clean Tech Open’s inaugural Pacific Northwest Regional Competition kick-off. Learn about the successes of the competition in California and why expanding to the Pacific Northwest is both essential and an exciting opportunity for local entrepreneurs. We will be announcing the prize package and structure of the regional competition as well as highlighting the National Prize—the largest prize package ever in the history of the Clean Tech Open.

5:30 PM to 6:30 PM — Registration and Cocktail Reception
6:30 PM to 7:15 PM — Introduction to the Clean Tech Open and Official Launch
7:15 PM to 7:30 PM — Q&A, Networking and Enter the Competition

Speakers Include:

  • Byron McCann and John Pierce, Regional Co-Chairs
  • Alumni Presentation, Charlie Chrissman, Goose Networks, In.c
  • Rex Northen, Executive Director, Clean Tech Open


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Ascent Partners Website Updates

Published on 08 February 2009 by in News


We are proud to announce the redesign of our website. These updates give us the ability to keep you informed of our latest happenings. There is plenty of excellent content to come, so subscribe to our RSS Feed and check back frequently. We are excited about the possibilities and hope you are too.

Browse around, and contact us when you feel the time is right for your company to take the next step.

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