Calvert, KBC fund managers say White House focus on cleantech could benefit investors as soon as 2010
In Maryland, the principals of Calvert Investment and KBC Asset Management said that the possibility of federal carbon regulation and a resulting carbon price, a White House focus on major investments in “green tech” and related jobs, and higher energy prices – that could benefit investors focused on clean energy, water and related infrastructure projects, according to experts at the Calvert investment firm.
The executives came up short of describing 2010 as a potentially vintage investment year in cleantech, but pointed out that climate change legislation is now being assembled in the Congress, the Obama Administration has aimed to create 5 million “green jobs”, and $6 billion has been placed as a down payment on a required $300 billion-$1 trillion investment in US water infrastructure.
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