Venture Capital deals drop across the board, clean tech hit

Venture Capital deals in the third quarter of 2011 dropped 12 percent in dollars invested compared to last quarter. Clean technology and life sciences industries were particularly hard hit, according to a report released today by PricewaterhouseCoopers and the National Venture Capital Association.

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Google report suggests huge payout for clean technology expansion

Aggressive spending and expansion in clean technology would generate 1.1 million new jobs by 2030 and reduce U.S. greenhouse gas emissions by 13 percent, according to a new report by Google. If the U.S. employs more federal mandates and provides funding for clean technology projects, those projects will generate 1.9 million jobs and reduce U.S. greenhouse gas emissions by 21 percent, the report states.