In the WQA Aquatech USA conference’s “State of the Industry” session on March 18, water-industry financial analysts Debra Coy and Steve Maxwell gave their annual overview of water-related companies as investments.
Coy noted that in the recent federal stimulus package, the law sets aside $1.2 billion for “green infrastructure” projects, but the definition of that term is still very broad, a situation which could provide opportunities for companies involved in water infrastructure and treatment. Maxwell said that, in general, stimulus package infrastructure money will be directed toward large-scale water and wastewater projects.
Maxwell said many of the expected water and environmental policy changes from the Obama administration could take months or up to a year to take shape because of the traditionally gradual pace of changes in federal executive departments such as the Environmental Protection Agency.
The whole article: http://www.watertechonline.com/news.asp?N_ID=71606
