Posts Tagged ‘economy’

Asia Light Years Ahead of the US in Clean Tech Investment — Financial and Economic Consequences


Asia is investing hundreds of billions of dollars more than the US in clean technology, according to a new report by two research institutions. In the future, the US may be importing trillions of dollars of needed clean technology (and losing countless jobs to Asia) as a result.

In total, the report showed that China, Japan, and South Korea will invest about $509 billion in clean tech over the next 5 years, whereas the US (with our greenest President in decades, maybe ever) is only expected to invest $172 billion (about 3 times less) — this is assuming the climate and energy legislation in Congress passes.

If the US were to invest the same percentage of its Gross Domestic Product (GDP) as South Korea, it would invest almost $140 billion per year ($700 billion over this five year period)! Compared to China, the anticipated per-GDP investment ratio is 1:4 (US to China).

In 2008, Japan almost matched US R&D spending on energy and achieved almost the same number of international clean energy patents despite having dramatically lower GDP.

The financial investment is not the only thing giving these countries a major advantage in this field, though.

New Report Forecasts Solar Boom in NC — “Growing Solar in North Carolina”


A new report by Environment North Carolina’s Research and Policy Center, “Growing Solar in North Carolina,” found that North Carolina (home of my UNC Tar Heels) could be a solar power giant soon.

The new report found that North Carolina has a lot of solar energy potential due to its “vast” solar energy intensity (which is nearly as much as Florida’s) combined with other economic, policy and technological factors.

America’s Mecca: the Mall of America

The only thing I could easily find in the whole place — with a “Made in the USA” label — was underwear. What I didn’t expect to find, was a mall heated by the sun (and body heat).

Forget the “conservative right” or “liberal left.” If America has a religion, it’s that of the consumption culture that has become the centerpiece for our economy. Now 70 percent of our GNP is based on its citizens purchasing stuff, on credit cards or otherwise.

This religion of consumption has its Mecca, too, called the Mall of America. A concept designed and constructed by the Triple Five Group — a privately held corporation owned by the Ghermezian brothers of Canada — Mall of America attracts more than 42 million visitors a year with their retail stores, restaurants, Nickelodeon Universe amusement park and Underwater Adventures Aquarium. While Mall of America is the most visited mall in the world, Triple Five Group also owns the biggest shopping mall in North America, the West Edmonton Mall.

Just for fun, I set out to find something that was made in America (and, ideally, without negatively impacting the environment). No, I didn’t think this was an insane goose chase. After all, more and more ecopreneurs I write about in ECOpreneuring are seeking to sell their “green products” through more conventional retail outlets – even big box stores and chains. That’s why Seventh Generation toilet paper can be now found at your local supermarket and nearly everyone, it seems, sells compact fluorescent bulbs these days. Perhaps one or two products might be here, in America’s megamall composed of 520 stores and 50 restaurants – housed under 4.2 million square feet of enclosed roof space. My odds should be good.

I Want A Goat, M—– F—–! (Explicit) Video

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The video is explicit, the message is simple: You can transform lives in one of the poorest districts of India by donating a goat.

A life-changing experience in India inspired volunteer Debbie Glasband to launch a program to provide an alternative source of income for tribal people: Goats.

Economic Value of Ecosystems and Biodiversity — New Report

A new report, The Economics of Ecosystems and Biodiversity (TEEB), attempts to bring to the world’s attention the truly great economic value of ecosystems and biodiversity, as well as the benefits of taking these into account when making policies.

The value of the world’s natural ecosystems and biodiversity is something lacking in most economic analyses. Lack of value for what is truly priceless doesn’t just hurt the environment, however. It is also a sort of economic suicide. This new report, hosted by the United Nations Environment Programme and supported by key EU, UK, German, Swedish, Dutch, and Norwegian bodies, attempts to bring all of this to our attention more and show some positive case studies of how taking the environment into consideration can actually save us money.

As the report says: “the failure of markets to adequately consider the value of ecosystem services is of concern not only to environment, development and climate change ministries but also to finance, economics and business ministries.”

India to Launch Trading of Energy Efficient Certificates for Energy Intensive Industries

A bill mandating energy usage and new energy efficiency measures for more than 700 energy intensive industrial units will be tabled in the Indian Parliament in November.

China Forgets “China-Only Wind Turbines” Policy, but Why?


A couple weeks ago, I wrote about China’s new policy to focus on buying (almost entirely) “China-grown” wind turbines and wind turbine technologies with Chinese patents. That policy wasn’t a big hit internationally and China is back-tracking.

However, is it changing its stance out of international moral pressure or a major financial incentive (recent deal) in the US? And who is to benefit the most from this shift?

Plan B 4.0 by the Numbers — Data Highlights on Poverty and Population

www.earthpolicy.org/index.php?/press_room/C68/pb4_ch7_datarelease

In Chapter 7 of the recently released Plan B 4.0: Mobilizing to Save Civilization, Lester Brown lays out the Plan B goals for eradicating poverty and stabilizing population. Behind the scenes are a number of datasets and graphs that delve deeper into the trends discussed in the chapter. Here are some highlights from the Chapter 7 data:
World population has grown steadily over the past half century, increasing from 2.5 billion in 1950 to a projected 6.8 billion in 2009. The United Nations medium fertility level scenario projects that world population will grow to 9.2 billion in 2050. Their high projection takes the world to 10.5 billion in 2050. Under their low projection, which assumes rapid reductions in fertility rates, population peaks at just over 8 billion in 2042, then begins to decline.

Though life expectancies around the world have increased in the past half century, large discrepancies remain among different regions. Overall, world life expectancy increased from an average of 47 years in the mid-twentieth century to 68 years today. While life expectancy in 1950 hovered around 40 years in both Sub-Saharan Africa and Asia, it has since increased far more rapidly in Asia, reaching 69 years, compared to 51 years in Sub-Saharan Africa. On a regional basis, the United States and Canada top the world with an average life expectancy of 79 years.

Book Review: Life, Money and Illusion

Life, Money and Illuision is not about the magical arts or wizardry, though it does demystify money and Wall Street’s greedy aspirations abetted by the global push for more growth and consumption (and jobs).

Life, Money and Illuision: Living on Earth as if we want to stay (New Society, 2009) by Mike Nickerson is a driving tome that reconciles how our economy operates in relationship to the ecological and social systems on which we all depend.

In this second revised edition of Life, Money and Illusion, Nickerson explains that “Life” refers to the biological processes by which living things maintain themselves over time. “Money” represents our economic ideology that claims that as long as the volume of money changing hands increases, all will be well. “Illusion” refers to the fact that these two perspectives are directly opposed in terms of how they would solve current problems.

As one might imagine, a book of this stature and ambition — if providing meaningful analysis and argumentation (which it does superbly) — is not a cursory or a casual read. Running 448 pages, Life, Money and Illusion is meticulously fashioned in easy-to-understand language that makes Nickerson’s arguments and ideas both compelling and provocative. It draws from numerous fields, including ecology, psychology, philosophy, mathematics, and, of course, economics.

Bright’s Plug-in Hybrid Delivery Van Delivers: 40-Mile All-Electric Range, 40 MPG

Indiana-based Bright Automotive has released some pretty impressive performance figures for its technically (and aerodynamically!) slick new IDEA cargo van. Aimed primarily at delivery fleets and in-town rental companies, the freshly-upgraded guppy promises to shave operating costs by thousands of dollars per year, per van.

More pictures, an official company press release, and my own opinions (that nobody asked for) after the jump.

Egg-ish Nissan Electric Land Glider May be Built With Infinti Badge

Here’s one for the strange book: according to Automotive News (subs. req’d), the egg-shaped, tilt-wheel, 2-seat, Nissan electric car concept set to debut at the Tokyo Motor Show this week known as the Land Glider is apparently under serious consideration for actually being built. Not only that, reportedly the company also thinks it would work well as a luxury Infiniti.

I don’t really know what to say, except… maybe Nissan knows something about rich people that I don’t?

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