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By Tux Turkel tturkel@mainetoday.com

PORTLAND — New England’s economic downturn is proving to be deeper and more persistent than expected, but it can rebound through a green economy, one of the state’s leading economists said today.

Development of a green economy is in its infancy now, similar to where information technology was more than 40 years ago, according to Charles Colgan, professor of public policy and management at the University of Southern Maine. State and local governments can encourage clean-energy businesses that can drive the emerging recovery, he said, through public policies that influence the price of oil.

Full Article in Portland Press Herald