Report: Climate Change Issues To Drive Increased Tech Investment In 2008

NAW Staff, Wednesday 09 January 2008 - 01:00:00

Framingham, Mass.-based Energy Insights, an independent research and advisory firm, has released its annual "Worldwide Energy Industry 2008 Top 10 Predictions." According to this new report, climate-focused energy policies, consumer and business concerns about climate change, and increasing attention by investors in sustainability will drive energy companies to increase their investments in a range of energy and information technologies.

This investment includes IT systems, that will measure and manage a company's carbon footprint, software applications that will enable participation in carbon trading markets, renewable energy technologies - especially wind.

The report goes on to say that renewable energy will compete as a leading source of new electrical capacity in the U.S., and carbon trading markets will begin to take off in North America, eventually surpassing Europe.

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