Federal funding for clean technologies reached an all-time high in 2009, but a new study finds that money will dry up over the next two years. As a result, the report predicts more clean-tech companies are likely to go bankrupt or be consolidated. We talk to the report's authors. What impact is this economic uncertainty having on green innovation, and how will it affect the Bay Area's economy?
Is Clean Tech Funding Drying Up?
Mark Muro, senior fellow and policy director for the Metropolitan Policy Program at the Brookings Institute
Jesse Jenkins, director of energy and climate policy at The Breakthrough Institute
Joseph Desmond, former chairman of the California Energy Commission and senior vice president of government affairs and communications for BrightSource Energy, a developer of utility-scale solar power plants