Clean-tech cos. look to feds for more than cash
Date: 05/15/2009
Company: RockPort Capital
Source: Boston Business Journal
Local clean-technology executives expect the American Recovery and Reinvestment Act will kick-start their industry, even though very little of the billions of dollars allocated for green programs will go directly to private entities.
Instead, the leaders say, policy changes accompanying the government investment may help the companies far more than cash would in the long-term.
“The federal government is deadly serious about supporting clean energy,” said Nick D’Arbeloff, the executive director of the New England Clean Energy Council, in an interview. “The market signals the stimulus sends are as important, if not more important, than the dollars themselves.”
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