'Green' Economy to Focus on Saving Money

Green business, including technology companies such as Energy Conversion Devices Inc.(ENER Quote) and alternative-energy firms like Xcel Energy(XEL Quote), was booming just a few months ago. Consumers were expected to spend $500 billion on green products and services this year, according to a survey from WPP's Landor Associates; Penn, Schoen & Berland Associates; and Cohn & Wolfe.

But with credit markets seizing up and many investors shying away from the market, even the most rock-solid sectors are having trouble. How will the economic crisis affect the green economy? To find out, we talked to Charles Lockwood, a green real estate consultant in southern California and New York City.

Will the economic crisis stall, or even kill, green commercial real estate? ...