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March 02, 2009

Support for Environmental Legislation Strong, Despite Sagging Economies

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A new study by Deutsche Bank shows that governments' support for environmental and climate change initiatives is holding strong despite the global economic slump, promising a faster rebound for clean energy and climate change mitigation technologies than other industries.

A new study by Deutsche Bank shows that governments' support for environmental and climate change initiatives is holding strong despite the global economic slump, promising a faster rebound for clean energy and climate change mitigation technologies than other industries. In an accounting of various stimulus packages by governments around the world, the study indicates that well over $200 billion will be spent globally on green projects over the stimulus spending period--$106 billion coming from the U.S. stimulus package pushed by President Obama. Read more at E&E (sub'd req.).

 

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