Racing for the Green Money

Green is the buzzword today and is supposed to be like that for at least some year to come by. With the governments around the world setting ambitious target for CO2 emissions, investors are looking for golden opportunities in the clean energy sectors which is either based on alternative energy sources or technologies for energy efficiency.

In fact the 2007 year itself has shown an investment of around $150 billion which may be however a bit down in 2008 due to credit crunch. Biofuels industry has specially got a setback with rising food prices globally and many major players (example VeraSun and Aventine Renewable Energy of U.S.) are running into huge losses. However with growing emphasis on clean energy and reduced emissions from the government, these obstacles seem to be crossed over by the clean energy sector. In fact with Private Equities and Venture Capitalists pumping huge money into this sector, credit crunch from the banks can be taken care of.