New presidential administration offers greater chance for 'green' investing

The United States is ripe for “green” investing, according to a second annual survey released yesterday by global investment firm Allianz Global Investors. Seventy-eight percent of investors surveyed say the country will see more policies to promote business investment in new environmental technologies during the first year of the Obama Administration than during the eight years of the Bush Administration.

Furthermore, 74 percent believe the new Congress will be more supportive of policies to promote business investment in new environmental technologies than the old Congress.