The answer is the United States, according to a recent report drafted by
DBL Investors (pdf), which found that the growth of good green jobs has transcended politics and has bloomed in both red and blue states.
The idea that fossil fuels benefit from both direct and indirect subsidies has been around for years, but analysis has generally been done in pieces (some of it done very well — Nancy Pfund and Ben Healy at
DBL Investors published an excellent analysis of direct subsidies in the U.S. a couple years back) or without complete data robust enough to stand up to critique.
DBL Investors, a $ 225 million impact investment firm in San Francisco, had all of those factors going for its investment in SolarCity, now the largest solar installer in the country, worth nearly $ 6 billion two years after its initial public offering.
The startup has raised around $ 18 million in equity from
DBL Investors, and former Gov. Arnold Schwarzenegger.
DBL Investors A spinoff of J.P. Morgan, DBL has become one of the nation's top impact investors, thanks to its $ 75 million Bay Area Equity Fund I. (Among DBL's portfolio firms is Tesla, the electric - car company that went public last June.)
Not exact matches
Energy Impact Partners, Southern Company and
DBL Partners led the round, and were joined by
investors including GE Ventures, AGL Energy Limited, and Macquarie Capital.
This year, it raised a $ 10 million series A round of funding from
investors including Aspect Ventures, DBL Partners, Great Oaks Venture Capital Partner, and QED I
investors including Aspect Ventures,
DBL Partners, Great Oaks Venture Capital Partner, and QED
InvestorsInvestors.
Kicking off the Low Carbon Energy
Investor Forum in San Francisco, Ira Ehrenpreis from
DBL Technology Partners opened with a promise of innovation from Henry Ford: «If I had asked people what they wanted, they would have said faster horses.»