In “Can Green Save The U.S. Economy”, Plenty Magazine’s Victoria Schlesinger points out that although the housing slump/credit crunch has the economic news crashing around us, dollars keep pouring into green projects. According to the article, while the rest of the economy started slowing down last year, alternative energy saw a 40% growth in revenues. The U.S. government has committed $2 billion, over the next three years, for a green fund; and venture capitalists put $2.7 billion into green companies in 2007 alone. Plenty explores the possibilities that green business could be what pulls the U.S. out of the slow-down, and they also explore that possibility that green could end up being the next economic bubble.
Some good food for thought.