Leading investors call for US 'green recovery'
27 Jan 2009
A group of 44 US and international investors managing more than $1.7 trillion in assets has called on Congressional leaders to include significant funding for energy efficiency, clean energy and clean transportation in the economic stimulus bill being debated this week in Congress.
In a letter delivered to House and Senate leaders and the Obama administration, US and European investors called for longer-term green economic incentives, including extending the renewable energy Production Tax Credit five or more years; providing substantial funding for energy efficiency programs, such as retrofitting buildings; and modernizing the aging and inefficient electric power grid.
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