It turns out that an economy-wide cap on carbon emissions really is necessary to spur investment in what President Obama likes to call the clean energy
“„Amid so much political uncertainty in the United States, Parker said Deutsche Bank will focus its “green” investment dollars more and more on opportunities in China and Western Europe, where it sees governments providing a more positive environment.
“„“They’re asleep at the wheel on climate change, asleep at the wheel on job growth, asleep at the wheel on this industrial revolution taking place in the energy industry,” [Deutsche Bank's Kevin] Parker said of Washington’s inability to seal a climate-change program and other alternative energy incentives into place.