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The green bubble is an economic theory that the world is facing an over-investment in renewable energy and that the current levels of debts in many clean technology companies are unsustainable. As the interest rate rises many clean technology projects will go bust, a major setback for the renewable energy industry.
The term has been mentioned by several experts and articles, such as The Green Bubble[1] written by Per Wimmer, a Wired article[2] discussing the fates of solar energy companies such as Solyndra, and a New Republic article by Ted Nordhaus and Michael Shellenberger covering the phenomenon.[3]
Others disagree with the theory of a green bubble and claim the industry will face lower costs from technological improvements and economies of scale as larger companies merge the smaller and less competitive companies.
- ^ Wimmer, Per (2015). The Green Bubbe. LID Publishing. ISBN 978-1-907794-89-6.
- ^ "Why the Clean Tech Boom Went Bust". Wired. Vol. 20, no. 2. January 20, 2012.
- ^ Nordhaus, Ted (May 20, 2009). "The Green Bubble". New Republic.
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