Allianz predicts green tech surge

The prediction follows the recently published Stern Report which considered the impact of climate change on the economy. Bozena Jankowska, team head of sustainability research at RCM (the active equity platform within Allianz Global Investors) said the Stern Report was the first of its kind to say that action needs to be taken now. He predicted there will be greater support and visibility for alternative energy such as solar, wind and biomass companies. He added that car companies will be forced to start looking at producing a greater number of flex fuel vehicles and hybrid vehicles, ...