Generating Employment and Boosting the Capital Market by Greening the Economy
Amidst worldwide slowdown and credit crunch, both Barack Obama and Gordon Brown are bending backwards to boost employment. Environment offers the greatest opportunity to do so and turn the economy around in the bargain. There is a huge potential for generating wealth and employment by greening the economy. It is going to unleash the biggest innovation in the history of business.
The future of humanity lies in harnessing solar energy. 1% of sunlight received by the earth can meet humanity’s demand for power for another 20 years. But to make it happen calls for a 180 degrees shift in our thinking. Green revolution is going to be like no other revolution in history. Biofuels is another area. We don’t mean biofuel that competes with food. We are talking about agricultural waste that produces nothing. With right technology, 600 million tonnes of agricultural waste of India, can produce cellulosic ethanol equivalent to 80000 mega watts of power, i.e. 60% of India’s installed capacity and create 30 million new jobs. Think of the holistic solution, the shift will provide in solving poverty, rural regeneration, removing imbalances and regenerating the planet. Why not use Doha round for transfer of appropriate technologies for global benefit instead of a haggling platform for race to the bottom in meeting commitments of Kyoto protocol?
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Generating Employment and Boosting the Capital Market by Greening the Economy | solarenergyforhome.info
06/29/2009 at 2:38 pm