Friday, April 18, 2008

Clean-tech bubble? Just wait for the next president

While some people wonder whether there's too much hot air in the clean-tech sector, the man who has advised California Gov. Arnold Schwarzenegger on environmental matters says the industry is just beginning to reach its potential.

Regardless of who sets up shop in the Oval Office in January, sweeping changes in federal energy and climate policy are expected to give the clean-tech industry a big boost, says Terry Tamminen, former director of the California Environment Protection Agency and now a clean-tech adviser for Pegasus Capital Advisors.

"We need to take California's standards and federalize them," said Tamminen, who until last year served as environmental adviser to Schwarzenegger and is considered a driving force behind the governor's green policies.

Read more on CNET

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