The Green Economy is not coming; the Green Economy is here! The Green Economy is an economy where growth in income and employment is driven by public and private investments that reduce carbon emissions and pollution; enhance energy and resource efficiency. Business in the Green Economy will be conducted based on triple bottom-line deliverables: people; planet and profit (also known as the 3Ps). There are those that advocate that we should put Green Economy policy and technology on hold “until we dig ourselves out of the current economic hole”. Well, I believe that the best way to dig ourselves out of a hole is to first stop digging!” It is this author’s position that the Green Economy will ultimately pull us out the current economic slump. For example, Climate Change policy will help protect the environment and create jobs as well.
Now, my reasons for embracing the Green Economy has little to do with the polar bear on the shrinking ice float and the disappearing rain forests. My reasons include: the air pollution in the Inland Empire that greatly affected my daughter’s asthma; and our country’s heavy reliance on foreign oil for energy from countries that hate us when we have renewable sources (sun; wind and geothermal) for energy. Also, as mentioned earlier the job creation potential is irresistible.
The time is now for everyone who is not already engaged to get engaged in the Green Economy. Not next week…not tomorrow..now! First and foremost to capitalize on the Green Economy, we must have a grasp of the Green Economy vernacular. Here are a few of the terms to get you started:
Benign by Design – a green chemistry principle of designing product using non-toxic material
Biodegradable: A product which is made of natural, raw materials that will decompose or rot into the earth without having a negative effect on the environment
Biofuel: This refers to all variety of fuels, both gas and liquid, that are derived from biomass–and hence are renewable, as opposed to fossil fuels. For example: wood, ethanol (derived from corn), and the mouthwatering new one, french fry grease
Brownfield – is land previously used for industrial purposes or certain commercial uses that is contaminated by low concentrations of hazardous waste or pollution, and has the potential to be reused once it is cleaned up
Cap and Trade – is an administrative approach used to control pollution in a nation, region, or industry by providing economic incentives for achieving reductions in the emissions of pollutants
Carbon Footprint – is greenhouse gas (GHG) emissions caused directly and indirectly by an individual, organization, event or product (see: www.coolcalifornia.org)
Carbon Offset – is a financial instrument aimed at a reduction in greenhouse gas emissions. One carbon offset represents the reduction of one metric ton of carbon dioxide or its equivalent in other greenhouse gases
Climate Change – is a change in average global temperatures over time caused by natural events and human activities
Cradle To Cradle – is a method used to minimize the environmental impact of products by employing sustainable production, operation, and disposal practices and aims to incorporate social responsibility into product development
Environmental Justice – is the inequitable environmental burdens borne by groups such as racial minorities, women, residents of economically disadvantaged areas, or residents of developing nations.
Global Warming – is the increase in the average temperature of the Earth’s near-surface air and oceans since the mid-20th century and its projected continuation
Green – means the product or service is created through environmentally and socially conscious means
Green Chemistry – is the design, development, and implementation of chemical products and processes to reduce or eliminate the use and generation of substances hazardous to human health and the environment
Green Collar Jobs – work in agricultural, manufacturing, research and development (R&D), administrative, and service activities that contribute substantially to preserving or restoring environmental quality
Greenhouse Gas (GHG) is a gas in an atmosphere that traps heat such as: carbon dioxide, methane, nitrous oxide, and ozone
LEED – Leadership in Energy and Environmental Design) is a Green Building Rating System, developed by the U.S. Green Building Council (USGBC), provides standards for environmentally sustainable construction
Nanotechnology – is the study of the control of matter on an atomic and molecular scale with structures of the size 100 nanometers or smaller, and involves developing materials or devices within that size.
Renewable Energy – is energy generated from natural resources—such as sunlight, wind, rain, tides, and geothermal heat
Smart Grid – delivers electricity from suppliers to consumers using digital technology to save energy, reduce cost and increase reliability and transparency
Sustainability – meeting the needs of the present generation without compromising the ability of future generations to meet their needs by: reducing consumption of resources – such as water and energy; better building practices to reduce energy waste; more fuel efficient engines; increasing recycling or the use of recycled materials; protection of forests and soil all over Earth
Like the advent of the internet, the Green Economy is bringing forth new opportunities almost daily. Current businesses across the board from custodial services; day care centers; nail shops; event planners; beauty products to IT services can “green their roll” and capitalize on the Green Economy. Having a grasp on these terms will give an understanding to figure out the impact of the Green Economy on you; your family and your bottom line.
The author Leonard Robinson, has over 35 years experience in environmental management. He is a consultant; free-lance writer; former Gubernatorial appointee and hosts a weekly radio show in Sacramento called “Going Green With EnviroBro”.
The author Leonard Robinson, has over 35 years experience in environmental management. He is a consultant; free-lance writer; former Gubernatorial appointee and hosts a weekly radio show in Sacramento called “Going Green With EnviroBro”.