GreenTech “Largest Economic Opportunity of the 21st Century”
Speaking at Venture Beat’s Smart Grid conference the other day, VC superstar John Doerr (of Kleiner Perkins) declared that “Greentech could be the largest economic opportunity of the 21st century.”
Doerr compares the evolution of the Smart Grid to the initial, disorganized adoption of the Internet, but voiced his concern about the U.S.’s position in the global cleantech business.
Doerr said. “Even if you don’t believe in global warming, or if you don’t believe this is going to be the biggest global business… the U.S. is not going to win unless our entrepreneurs start to lead — and not just our business entrepreneurs, also our policy entrepreneurs.”
In underscoring the opportunity, Doerr pointed out that while the Internet represents a $1 trillion economy, the energy business is a $6 trillion dollar economy(!).
And in a soundbite built to stir the passion of pioneering entrepreneurial zeal, Doerr declared, “The super grid is going to be the last great network we build in our lifetimes.”
See the writeup on Doerr’s talk by Eric Wesoff in GreenTechMedia.
