Thursday, September 27, 2007

Green Investments and "Economic Salvation"

According to former President Bill Clinton, a new employment trend needs to emerge within the economy every 5-8 years in order to avoid economic stagnation.

And the only recent president to preside over a balanced budget now believes that green investments ARE the new mega employment opportunity.

"I think this will be an economic boom," he told attendees of the U.N. Climate Conference in New York this week (as reported in the International Herald Tribune).

"I hope I've persuaded you that it's good economics as well as good for the future of our children." Sustainability, Clinton said, could be "economic salvation."

Bill also said: "There has to be a good new source of jobs every five to eight years to avoid a stagnant economy, and climate change is it."

Read the complete article, go here:

http://online.wsj.com/article/SB116476973580035391.html?mod=mostpop&apl=y&r=5913

Good investing,

James


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1 comment:

Anonymous said...

I think the larger point here is that the biggest corporations in America are all going green - the smart ones are anyway.