“until neither the Plain nor the Star-Bellies knew whether this one was that one or that one was this one or which one was what one… or what one was who.”

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Howard Lovy highlights how some of the folks who made a career out of promoting nanotech are now jumping onto the next bandwagon, but perhaps they are doomed to repeat their mistakes? Stories like this bring to mind the Dr Seuss story of the Sneeches.

One of the big problems with nanotech is that a lot of the work is being done by large corporations who have plenty of their own nanotech experts, thus cutting out the traditional develop some IP and flog it off to a multinational option for VCs and their associated advisers.

Anyone thinking of jumping into cleantech might want to take a look at this article which reveals that GE will invest about $1.1 billion in cleanteach research this year rising to $1.5 billion by 2010.

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