Will the Recession Affect Clean Technology?

http://freakonomics.blogs.nytimes.com/2009/01/07/green-technology-plans-...

A Freakonomics Quorum: How Will the Recession Affect Clean Technology?
By STEPHEN J. DUBNER

Way back when in 2006, here’s what venture-capital legend John Doerr
had to say about clean technology: “This field of greentech could be
the largest economic opportunity of the 21st century.”

As recently as early 2008, plenty of investors and technology
companies were still predicting a clean-tech boom.

But now? With a recession that has scrambled nearly everyone’s
spending and investing priorities, with a government deeply focused on
the mainstream of the energy economy rather than the fringes, and with
gas having fallen to about $2 a gallon, what does the future look like
for clean tech?

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