Source: Cleantech Group

“Venture capital investments in green technology companies declined by 33 percent from $8.5 billion in 2008 to $5.6 billion in 2009, despite a flurry of government subsidies for renewable energy, according to a preliminary report by the Cleantech Group and Deloitte,” the Environmental Leader post stated.

As to the numbers, investments in green technology companies declined from $8.5 billion in 2008 to $5.6 billion in 2009. The decline would have been worse except for a flurry of government subsidies that were made for renewable energy.

For more detail on this report, visit either Fort Collins, CO – based Environmental Leader or The New York Times’ Green Inc. blog.