Cascadia CEO’s Cleantech Forecasts for 2009
It’s been quite a year for the cleantech industry, with roller-coaster oil and stock prices, multiyear federal tax credits finally passed after more than a year of narrowly failed attempts, the beginning of a recession and the election of a new president.
“It feels like it’s been three years in one just with all the emotions,” said Michael Butler, CEO of investment bank Cascadia Capital. “A lot of people thought they were having a really good year, then they were hit with the negative economic environment. … So many people are saying ‘let’s just shut down until the end of the year.’”
