Just Released! Order “Waking Up to Climate Change” by George Ropes, and receive 25% Discount. Learn More

Search
Close this search box.
Search
Close this search box.

HOME          CATEGORIES          OUR TAKE

‘Green’ economy is real but needs a push

‘The green economy’ is an often-used but rarely defined term.  While many understand that the term refers to the economic sector that produces goods and services with an environmental benefit, its precise size, shape, and contours are vague at best.  Now, the Brookings Institution has compiled with the R&D company Battelle a report analyzing the green sector, whiich employed 2.7 million people in 2010, or about 2% of the American workforce.  Compare this to the health care sector, which employs 13.8 million people, or 10.2%, the fossil fuels sector (2.4 million jobs) and the biosciences sector (1.4 million jobs).  The clean sector is growing, but held back by policy gaps that restrict demand, woefully inadequate financing, and poor support for innovation.  One solution would be to scale up the Department of Energy’s loan guarantee program.  The green economy is real and growing, but needs encouragement. GR

Comment on this article

ClimateYou moderates comments to facilitate an informed, substantive, civil conversation. Abusive, profane, self-promotional, misleading, incoherent or off-topic comments will be rejected. Moderators are staffed during regular business hours (New York time) and can only accept comments written in English.

Leave a Reply

Your email address will not be published. Required fields are marked *


The reCAPTCHA verification period has expired. Please reload the page.

SHARE THIS ARTICLE


More Posts Like This

CITY TECH BLOG

Understanding Storms & Climate Change: Impacts & Adaptations

Storms are a powerful and natural phenomena that has been occurring on Earth for millions of years. They are caused by changes in the atmosphere and can bring strong winds, heavy rain, lightning, and thunder. Storms can be scary, but understanding them and knowing how to stay safe

CITY TECH BLOG

Effects of Climate Change on People, Industry, Agriculture & Tourism

The effects of climate change can be seen in various parts of our society. One of the affected parts is agriculture. One of the ways agriculture may be impacted is due to changes in weather patterns. Changes such as rising temperatures have led to more extreme weather events,

CITY TECH BLOG

Climate Change & Agriculture, Industry, Tourism & Human Lives

One of the most important issues of our day is climate change, a phenomenon mostly caused by human activity. Its effects go far beyond temperature increases and altered weather patterns; they have a significant impact on important industries like tourism, industry, and agriculture. The people who directly depend