Deutsche Bank: "Green Investment Can Prevent Severe Recession"

For those of you who pooh-poohed the U.N.’s recommendation last week that governments use the global credit crisis to retool their financial systems in support of green growth industries, now hear this: Researchers at Deutsche Bank’s Asset Management(DeAM) Division heartily agree. The bank has published a new whitepaper arguing that increased spending on green infrastructure can provide enough economic stimulus to avoid a severe recession.

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