Has Clean Technology Lived Up to Its Promise?

The video discusses the lifecycle of new industries, highlighting the phases of enthusiasm, rejection, volatility, and acceptance. It focuses on the cleantech sector, noting the significant investments made by venture capitalists and the successes and failures encountered. The video also explores emerging sectors like electric vehicles and solar energy, emphasizing their growth beyond initial predictions. Finally, it details Goldman Sachs' strategic investments in cleantech, underscoring their commitment to this growing market.

What are the four phases a new industry typically goes through?

• Introduction, growth, maturity, decline

• Development, peak, recession, recovery

• Innovation, growth, decline, stabilization

• Early enthusiasm, rejection, volatility, acceptance

Which industry is used as an example to illustrate the phases of a new industry?

• Pharmaceutical industry

• Textile industry

• Internet industry

• Automobile industry

What is a key characteristic of venture capitalism mentioned in the transcript?

• Avoidance of new technologies

• Focus on short-term gains

• High risk with potential for high returns

• Guaranteed success for all investments

Which sector is highlighted as having exceeded expectations in recent years?

• Textile manufacturing

• Coal mining

• Electric vehicles

• Nuclear energy

How much did Goldman Sachs initially plan to invest in cleantech over 10 years starting in 2005?

• $500 million

• $1 billion

• $5 billion

• $10 billion