Australian Clean Tech Index
March 28, 2008 at 7:00 am (Green Finance, Green Technology, Greening Australia)
John O’Brien, a friend of mine and the Managing Director of Australian Cleantech launched the Australian Clean Tech Index. This is the first time anybody has grouped together all the sectors which comprise clean technology and environmental services in Australia.
Mr John O’Brien, Managing Director of Australian CleanTech, said concerns about climate change and energy consumption have led to greater interest in the cleantech industry and an increase in the economic value of clean technologies.
“For the first time we will be able to provide a picture of the Australian cleantech industry’s growth in a single measure,” Mr O’Brien said.“In 2007 a trialled ACT Australian Cleantech Index outperformed both the ASX 200 as well as the ASX Small Ords,” he said.
“The growth of the renewable energy sector in Australia will be driven by the Federal Government’s commitment to achieve 20 per cent of energy generation from renewable sources by 2020.”
The ACT Australian Cleantech Index includes over 75 companies, large and small, from Sims Metal Group with a market capitalisation of over $3 billion to Skydome Holdings with a market capitalisation of $5 million – plus a few outstanding performers with CBD Energy posting a 147 per cent increase in returns over a six-month period to December 2007.
I am planning a new series of interviews with people working in the Green sector. In the coming weeks, John O’Brien will be interviewed.
Beyond Carbon 2008 « World is Green said,
May 26, 2008 at 9:50 am
[...] on June 3, 2008 in Adelaide, South Australia. It is a 3 days event managed by CEDA. John previously launched the Australian Clean Tech [...]