He (Obama) needs to display “wisdom” and focus on the big 3. One may have to go down and the rise of a green player to replace the fallen may need to be his biggest move! If I was an advisor to President Obama, I would encourage him to not bailout anyone-else (excluding the middle class) and focus on transitioning from the traditional economic giants to investing in the new green giants! One of my own favorite quotes is:“I happen to deeply agree with the wisdom of Tom Friedman (that we cannot consume of way out of this mess and “Have you ever been to a revolution where nobody gets hurt?”). The fact is that the current economic conditions will cause a lot of companies to close their doors (websites too), and they will die off altogether due to lack of understanding the competitive (innovative) landscape. Just look at Detroit and the Big 3 for example! Those that will fight to stay alive will need to figure out — What’s Next?I believe that the New Green Economy will include the Rise of Green Real Estate Markets paired with the continued success of Cleantech, Clean Energy Markets, and large scale shifts toward Clean Transportation, and the Greening of the IT Industries (plus a fourth quarter of record investment!!), which will lead to a boom in “American Made” Green Collar Jobs and the creation of new wealth. The trick is: “who will get it right??” Execution makes all the difference for most of these opportunities and green investors need to pay more attention to the items that management claim they can achieve.” - Yeves Perez, Founder of EcoInvestmentClub.com - Nov 2008See more on talk on Fast Company:http://www.fastcompany.com/blog/glenn-croston/starting-and-growing-green-businesses/whatJoin the Conversation on "What's Next for the Green Economy?"http://forums.treehugger.com/viewtopic.php?f=1&t=6979&start=0&st=0&sk=t&sd=aJoin us at http://www.ecoinvestmentclub.comREAD»
