The Pew Charitable Trusts has conducted the first-ever hard count across all 50 states of the actual jobs, companies and venture capital investments that supply the growing market demand for environmentally friendly products and services. The study, entitled The CleanEconomy: Repowering Jobs, Businesses and Investments Across America, revealed that the number of jobs in America’s emerging clean energy economy grew nearly two and a half times faster than overall jobs between 1998 and 2007.
In recent times, junk economics has replaced junk science as the cause of inaction on climate change issues. The case for inaction is no longer argued on the grounds of skepticism about the science; instead, some claim that it is too expensive to take more than token action on key initiatives. In response to this trend, more than 100 of the country’s leading economists have banded together to launch RealClimateEconomics.org, an effort dedicated to using the weight of economic evidence to support effective public policy and business responses to the climate crisis. RealClimateEconomics.org is inspired by the success of RealClimate.org, a longtime effort by climate scientists to dispel the junk science popularized by climate skeptics.
National Association of Educational Procurement (NAEP) and SciQuest, Inc., a procurement automation organization recently announced the findings of “The Current State of Green Procurement Trends within Higher Education” survey. The survey, which garnered responses from procurement professionals at more than 100 colleges and universities in the U.S., sought to provide a benchmark from which the profession can gauge the growing role of procurement organizations within sustainability efforts, from the American College and University Presidents Climate Commitment–an effort to address global warming by garnering institutional commitments to neutralize greenhouse gas emissions–to higher education’s efforts to contain costs and do more with less. This is the first year the survey was conducted.
The report, entitled “Cleantech Comes of Age,” discusses the trends in clean technology from the impact of oil prices to the M&A market and includes data from the MoneyTree Report, a quarterly survey that tracks cash-for-equity investments by the professional venture capital community in private emerging companies in the United States.The increased venture capital investment into the Cleantech sector can be directly associated with the growing concerns about the environment, energy costs and security. Despite signs of a weakening economy, the high investment level and intensified adoption rate of technologies in this sector validates the expected growth predicted by industry experts.
The Kresge Foundation has announced a new comprehensive grantmaking programs: The Environment Program. With the announcement of this new program, the foundation is expanding its commitment and narrowing its focus in each field for maximum long-term impact in its strategic areas of interest. The Environment Program addresses environment-related social issues, particularly those affecting minority, low-income, and other underserved communities. The Environment Program seeks to have tangible effects on the practices and policies associated with climate change and environmental sustainability. The programs are in the development stage; program teams will be refining their grantmaking focus and strategy over the next year.
Energy efficiency has never been more important, according to new research commissioned by Johnson Controls (NYSE: JCI) . The Energy Efficiency Indicator (EEI) survey, a research report targeting professionals responsible for energy management, revealed barriers to investing in energy efficiency include: limited funding, uncertainty about future energy prices, government incentives, and energy and climate legislation.
EPA today released a list of the nation’s top green power purchasers. These organizations are all participants in the EPA’s Green Power Partnership. The Green Power Partnership is a voluntary program that encourages organizations to buy green power as a way to reduce the environmental impacts associated with purchased electricity use. The Partnership currently has hundreds of Partner organizations voluntarily purchasing billions of kilowatt-hours of green power annually. Partners include a wide variety of leading organizations such as Fortune 500 companies, small and medium sized businesses, local, state, and federal governments, and colleges and universities. The list this year’s top green power purchasers is led by Intel Corporation, PepsiCo, Kohl’s Department Stores, Dell Inc., Whole Foods Market, The Pepsi Bottling Group, Inc., Johnson & Johnson, U.S. Air Force, Cisco Systems, Inc. and the City of Houston.
McKinsey and Company recently released their report that outlines a path toward realizing the President’s goal by showing how current technology, if fully deployed, could dramatically reduce greenhouse gas emissions. According to the report, many of the technologies identified would provide savings to consumers and create thousands of new, green-collar jobs.
