Fortune Magazine's Brainstorm: Green is one of the better conferences ahead of Earth Day. After attending a few times in Southen California, I decided to enjoy their virtual conference portal from the comfort of my home and avoid flying down to Los Angeles. The reticence of public markets to value cleantech companies was on everybody's mind and almost palpable through the screen.
Fred Krupp, the President of the Environment Defense Fund, cut to the chase today in a one-on-one conversation with Jeremy Grantham from GMO by saying the cleantech sector needs to accept that natural gas is going to take center stage. It should focus on making it cleaner until renewable energies can scale. The panel yesterday on "Follow the Green Money" was particularly useful to understand how the solar and wind sectors got in the situation they are today, and why they are still good bets.