LONDON — Green technologies posed the investment opportunity of our lifetime said Deutsche Bank’s global head of asset management, in a study published on Thursday. A Deutsche Bank report found that companies specialising in energy efficiency and renewable energy such as wind and solar power outperformed peers across the wider global economy last year and expected more to come in 2010. Clear proof of the threat posed by climate change meant that governments will only ramp up steps to curb carbon emissions and favour clean technologies, it said. ‘The shift to a low-carbon economy to mitigate global warming will require the creation of new technologies, industries and jobs on a massive scale,’ said Kevin Parker. Deutsche Asset Management had $695 billion in assets under management as of September 2009. ‘The absolute imperative to prevent climate change is therefore also, I believe, the economic and investment opportunity of our lifetime,’ he commented in the report. Deutsche bankers looked on the bright side of a Copenhagen climate summit last December which failed in its main objective to drive global consensus on action to fight climate change. Their report instead pointed to proliferating national green policies, regardless […]