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| Joined: | Mon Nov 21st, 2005 |
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The financial crisis has made that leap more nerve-racking than ever. Many green startups are trying to wait out the storm. If their new biofuel or high-efficiency solar cell is still a few years away from production, they can sit tight, conserve as much cash as possible and hope the banks will start lending again by the time they need to build something. They can also look for more venture capital, but even that well seems to be drying up.
"All we have to do is tread water and we'll be OK," he said. "And I'm pretty sure we'll do better than that."
Add that article above, where credit is not flowing to empower electric car production, to this:
http://www.brasschecktv.com/page/545.html
Last edited on Wed Jan 28th, 2009 09:45 pm by Joe Kelley