Economist Magazine Looks at Green

coverThere has been a lot of investment in the field of energy production in the past couple years with a huge increase in the renewable energy sector. The Economist magazine wonders why this is. They openly state that this trend is good for society, but not so good for money.

My copy of the magazine arrived in the mail, and I noticed that the main article is not available on their site, thus no direct link. You may have to take my word that the Economist is unsurprisingly skeptical of renewable energy, apparently British economists are afraid of change. The Economist does provide a different angle than what I’m used to when thinking of renewable energy – the profit motive.

Ship it Good!

Aside from the invasive species catching a free ride every now and again, the transport industry causes a huge volume of carbon dioxide emmissions annualy. A Maryland-based non-profit, Carbonfund.org, came up with a neat way of offsetting these emissions by launching a Carbonfree Shipping program, which allows retailers to reduce some of the carbon footprint created by shipping packages to customers. Four companies — BetterWorld.com, Evogear.com, 3R Living and alonova.com — have joined the program.

Air Shower Uses Less Water

Some Australians have invented a shower head that adds some air to water to get some super O in the H2O. The article points out that Australians are becoming more concerned about their water usage, yeah for environmental awareness.

“The scientists have developed a simple ‘air shower’ device which, when fitted into existing showerheads, fills the water droplets with a tiny bubble of air. The result is the shower feels just as wet and just as strong as before, but now uses much less water.”

Australia to Build Huge Wind Farm

Australia seems to be turning green. Last week they announced that they are making a massive solar power plant and now they’re making using wind to generate electricity. The wind farm will be the biggest one in the southern atmosphere.

“The wind farm would have the capacity to generate enough power for almost 190,000 homes every year, Victoria state planning minister Rob Hulls said of the 55 square kilometre (22 square mile) project to be built at Macarthur in the state’s west.”

Environmental Debt

E Magazine is reporting that Guatemala and the United States of America have signed a landmark agreement that switches debt into forest conservation.

“Environmentalists around the globe are toasting a deal announced last week in which the U.S. government has agreed to forgive $24.4 million in debt from Guatemala to free up the money for use in forest conservation efforts there. Two leading international conservation nonprofits, the Nature Conservancy and Conservation International, were instrumental in putting the “debt-for-nature” together, and each organization also provided $1 million toward Guatemalan conservation initiatives to help sweeten the deal.”

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