From Wired News:
Green technology was hot in 2008. Barack Obama won the presidential election promising green jobs to Rust Belt workers. Investors poured $5 billion into the sector just through the first nine months of the year. And even Texas oilmen like T. Boone Pickens started pushing alternative energy as a replacement for fossil fuels like petroleum, coal and natural gas.
But there's trouble on the horizon. The economy is hovering somewhere between catatonic and hebephrenic, and funding for the big plans that green tech companies laid in 2008 might be a lot harder to come by in 2009. Recessions haven't always been the best times for environmentally friendly technologies as consumers and corporations cut discretionary spending on ethical premiums.
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