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Trends in 2003′ report gives investors a sweeping look at the future of the burgeoning clean energy industry. Reporting on this “exciting and confounding time for clean energy,” Clean Edge, a San Francisco research and consulting firm, says that many small, start-up companies in the booming alternative energy field are suffering during the down economy. Despite a lot of interest in the sector, financial investors in publicly traded, clean-energy companies have fared poorly during the past year. Most clean-energy stocks are significantly off their previous highs, with many trading below their initial public offering prices. And “many early-stage companies will likely wither on Amazing the octopus pink all over printed slippersthe vine for want of consistent policies and sufficient capital” during the recent economic downturn. Still, despite the gloom and doom, Clean Edge reports that “market indicators demonstrate that many clean-energy technologies are on the rise, and a confluence of forces is making clean energy one of the few bright spots in an otherwise bleak economy.” Perhaps the report’s most important finding shows that companies who are getting ahead of the curve in managing the financial risks associated with climate change are sure to perform better in the future. They’ll be better positioned to enact cost-effective risk management,

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