"Bigger than the Internet by an order of magnitude."

From SCAN's Print Edition

OCRIRadio.com’s latest podcast finds hosts Jeffrey Dale (OCRI pres. and CEO) and Nathan Rudyk (pres. market2world) discussing clean technologies with two Ottawa entrepreneurs who are leading the local clean tech movement, and cashing in along the way.

Rod Bryden, head of Plasco Energy Group and SC Stormont, and Chris Henderson, president of environmental technology consulting firm Lumos Energy and chairman, The Delphi Group, are currently riding the green wave, investing in alternative energy sources that will impact the capital region’s environmental health and economy. Their efforts, along with those of government and dozens of local groups and businesses, are helping to secure Ottawa’s claim as the clean energy capital of Canada.

As the problem of climate change becomes an accepted scientific fact, both public and private money is being thrown at projects and technologies that offer solutions. In the first nine months of last year, US investment in clean technologies soared by more than 50%. Clean tech will be “bigger than the Internet, by an order of magnitude,” Kleiner Perkins Caufield & Byers partner Ray Lane states in a recent Wall Street Journal story. Calif.-based VC giant Kleiner recently announced it is doubling its renewable-energy fund to US$200 million.