Recent post by storage expert and CRC Press author Greg SchuIz discusses dynamics of Green IT. Here is a brief except:

"I recently saw a comment somewhere that talked about Green IT being deferred or set aside due to lack of funding because of ongoing global economic turmoil. For those who see Green IT in the context of the green washing efforts that requiring spending to gain some benefits that I can understand. After all, if your goal is to simply go and be or be seen as being green, there is a cost to doing that.

With tight or shrinking IT budgets, there are other realities and while organizations may want to do the right thing helping the environment, however that is often seen as overhead to financial conscious management."

Read more at StorageIO blog