IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-030-83650-4_5.html
   My bibliography  Save this book chapter

Fixing the Plumbing: Asset Management, Clean Energy Technology, and the Valley of Death

In: Settling Climate Accounts

Author

Listed:
  • Richard L. Kauffman

    (New York State Energy Research and Development Authority)

  • Marc Roston

    (Stanford Law School)

Abstract

This chapter diagnoses the hurdles faced by companies seeking financing to develop and deploy clean energy technology. We trace the historical development of the specialized strategies and firms that displaced banks as financial intermediaries. We then examine the path of a hypothetical innovative clean technology company moving through the financial lifecycle from venture capital to project finance and growth equity to illustrate the various hurdles. Finally, we review several approaches to financial innovation and public action that may speed the path to greater innovation. We conclude, however, that financial innovation typically follows industrial innovation as financial systems adapt existing tools and methods to new technologies and processes.

Suggested Citation

  • Richard L. Kauffman & Marc Roston, 2021. "Fixing the Plumbing: Asset Management, Clean Energy Technology, and the Valley of Death," Springer Books, in: Thomas Heller & Alicia Seiger (ed.), Settling Climate Accounts, chapter 0, pages 71-90, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-83650-4_5
    DOI: 10.1007/978-3-030-83650-4_5
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wei Li & Serhat Yüksel & Hasan Dinçer, 2022. "Understanding the financial innovation priorities for renewable energy investors via QFD-based picture fuzzy and rough numbers," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 8(1), pages 1-30, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-030-83650-4_5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.