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A decade after the bubble burst, 5 climate tech investors explain why they’re all in


Climate tech has been one of the biggest successes of the last few years. By 2025, investors are expected to sink $1.5 trillion to $2 trillion annually into a wide range of startups that promise to upend everything from travel and commuting to agriculture, construction, and more. Oh, and they’ll either trim carbon emissions or remove carbon dioxide from the atmosphere in the process, all while turning a profit.
Many investors — and companies — have been here before. A decade ago, the cleantech boom went bust. The recession lingered longer than many expected, natural gas prices plummeted as fracking boosted supplies, and demand for many cleantech startups’ products didn’t materialize. Some companies folded; others were sold at a loss. Investors generally didn’t fare well.
But that didn’t dissuade everyone. The Paris Climate Agreement in 2015 showed that governments, which had driven much of the cleantech boom and then sped its decline …

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