Green Economy: Search for growth hits progress on environment
Developed by a New York start-up, a controllable radiator cover means residents of homes heated by old steam systems no longer have to waste energy in winter by opening windows to cool off. Radiator Labs is among many companies that see business opportunities in green technologies. But while both start-ups and multinationals are capitalising on these, policy makers have been slower to act. “Ten years ago I would have said that policy leaders were out front and companies were following regarding the recognition and acknowledgment of sustainability,” says Mindy Lubber, president of Ceres, a US-based coalition of investors and environmental groups. “That has flipped substantially.
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