Tuesday, October 7, 2008

Clean tech says time to invest

I don't know who on earth has money to invest right now. But Clean Edge consulting's Ron Pernick said last night that the current chaos on Wall Street means it's more important than ever to invest in clean energy technologies. Pernick just happened to be presenting his company's Carbon-free Prosperity report to legislators and business leaders at the Portland Art Musueum (see post below) on the day the Dow fell below 10,000 for the first time since 2004.
He called on state leaders to bring much-needed public resources to the constrained credit market, though he recognized that state funds are limited. Perhaps the biggest blow to the state's clean tech sector will be limits on the BETC due to tighter state revenues, he said.
"We'll have to look really carefully about where to focus the BETC dollars," said Pernick.

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