Monday, August 20, 2007

Business world finally sees potential profits in joining the battle against global warming

Big business fears that the fight against climate change will cost billions are now giving way to a different view: green can be the color of money.

The United States, Europe and Japan are locked in a frantic race to cash in on the exploding business of saving the planet. London has become the center for the multibillion dollar market in carbon emissions, attracting investors who trade CO2 allowances.

...Like all markets, the clean energy industry faces risks....
From the IHT