2010 to see green tech investments pouring in


The next 12 months might see investment in clean technologies rise, despite the Copenhagen agreement that had rendered hopes of a green planet weak.

A survey of leading investors from investment bank Jefferies has said that respondents who comprised 200 clean tech investors believe that continued government subsidies and a general recovery in the credit markets will more than offset any harm done to the sector by politicians’ failure to secure a stronger international climate change agreement.

It is believed that the health of the sector remained largely dependent on support from policy measures.

According to investors, government support in the form of subsidies, tax breaks, low interest loans and other incentive schemes remains essential if the clean tech sector is to maintain its rapid growth rates and ultimately compete with more carbon intensive technologies.

(Via businessGreen)

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