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June 01, 2009

Lehman Brothers' collapse good for the environment?

Paul Kedrosky has a couple of interesting charts showing how the US credit crisis is good for the environment. The first chart shows that global electricity consumption is down - for the first time since World War II! The second one shows the change in energy consumption patterns across industries.

Arun Natarajan is the Founder & CEO of Venture Intelligence, the leading provider of data and analysis on private equity, venture capital and M&A deals in India. View free samples of Venture Intelligence newsletters and reports. Email the author at