Financial Times FT.com

Climate groups' revenue hits $300bn

By Fiona Harvey

Published: October 8 2008 03:00 | Last updated: October 8 2008 03:00

Companies providing goods and services that tackle climate change now form a bigger industry grouping than the global software and biotechnology sectors combined, according to new research.

Global annual revenues from such businesses - which include renewable energy companies, nuclear power and energy management specialists - have surpassed $300bn for the first time, HSBC's global banking and markets research team have found.

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