Venture Capitalists Still See Green in Green

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Two different research firms are saying green-technology venture capital investments jumped in 2008 but likely will decline in 2009.

Cleantech Group said in a new report this week that such investments rose 40 percent last year, while Greentech Media said they doubled to nearly $8 billion.

That should give service providers hope that end users still want to “go green” amid a bad economy, but don’t expect them to drop all budget constraints just to be more environmentally conscious.

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