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Article

23 Aug 2007

Author:
CNN

Investors, big businesses see green in being green

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 …"General Electric has been a leader in the campaign to develop new clean technologies that allows one to save energy and make money at the same time," said Dr. Andrew Dlugolecki, head of Andlug Consulting…He said oil companies, carmakers and power generators are increasing their investments in renewables and biofuels.