Sunday, March 15, 2009

Green is the new Green Machine

Wall Street is a great place to promote the next new thing. In the 90s it was computers and dot-coms. In the 2000s it was housing. Now it will be "Green" everything. Given the turmoil that the market has seen over the past two years, Wall Street is looking for a good place to pump and promote for the next wave of IPOs and other fee generators. Green is the new Green Machine. The bad thing is Green is just not a very economically viable industry without heavy subsidies. So look for more Public-Private partnership in the Green arena.

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