Home

Buying Green is Taking Hold Once Again

Posted on November 25, 2009 by Haley Dillan
Topics: Health, Food, Climate and Environment
Countries: United States
Catching on to a bright idea. Photo: <a href="http://www.flickr.com/photos/chealion/3293922425/">Chealion (flickr)</a>
Catching on to a bright idea. Photo: Chealion (flickr)

Reuters reports that despite the recession, American consumer spending on products that are considered "green" has in fact been going up.

U.S. supermarket sales of environmentally sustainable or "ethical" products — from energy-efficient light bulbs to organic produce — will rise about 8.7 percent in 2009 to nearly $38 billion

Reasons behind going green range from personal health to global warming, but Scott Bearse, of the financial consulting group Deloitte, thinks there may be more to it. He tells Reuters, "[t]he financial crisis reminded people of the unintended consequences of collective behavior."

Bookmark/Search this post with:
Keywords: green business, good news

Comments

Post new comment

Your email address is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <img> <blockquote>
  • Lines and paragraphs break automatically.

More information about formatting options


Stories We're Watching
Subscribe

US Remittances Keep Haiti Afloat

IRIN News - Fri, 03/12/2010 - 07:44
Haiti's economy depends on the estimated $1.5 billion a year in remittances sent home by its million-strong diaspora. Dilip Ratha, lead economist at the World Bank said the figure could be even higher, accounting for perhaps half the national income.

World Food Program won’t Renew Some Somalia Contracts

New York Times - Thu, 03/11/2010 - 06:14
World Food Program officials said it would welcome an independent investigation into its Somalia operations after a report that up to half the food aid was being diverted.

Farming for Alternative Livelihoods

IRIN News - Fri, 03/12/2010 - 07:44
Young unemployed men are finding opportunities in a project that also aims to introduce sustainable farming methods to Indonesia's agricultural sector.

Early Iraq Election Results Reported

CNN - Thu, 03/11/2010 - 12:12
Two of Iraq's 18 provinces announced early results, which put the group led by Prime Minister Nuri al-Maliki in the lead.

U.N. Study Finds Food Aid Bypasses Somalia’s Needy

New York Times - Wed, 03/10/2010 - 04:20
As much as half the food aid sent to Somalia is diverted to a web of corrupt contractors, a report found.
See all Breaking News >

Recent comments

  • "Esther, Wow! Thank you for commenting. One of the best things (among many) about applying these controlled random..."
    by Jill Scantlan
    on A 'Rising Star' in Economics
  • "Thanks for this article. One small correction though. What the post refers to as "my best known work" (the work on..."
    by Esther Duflo
    on A 'Rising Star' in Economics
  • "This is so sad, and at the same time so true. We talk so much about terrrorism on news that we forget about poverty and..."
  • "Microfinance is amazing. Allowing millions to send their children to university in order to "break the chain" and give..."
  • "UPDATE: Following an investigative report on BBC NewsNight, British Parliament has now passed a bill that will..."

Countries

An initiative of Mercy Corps
“You must be the change
you wish to see in the world”
— Mahatma Gandhi
Learn more about Mercy Corps >

Efficiency

Over the last five years, more than 89% of Mercy Corps' resources have been allocated directly to programs

Excellence

America's premier charity evaluator gives Mercy Corps four stars in organizational efficiency. Click here to learn more.

High Value

Every dollar you donate to Mercy Corps helps us secure $11.16 in donated food and other critical supplies.

Mercy Corps — Dept. W — 45 SW Ankeny — Portland, OR 97204
 All original content Copyright © 2009 Mercy Corps. Quoted and linked content is property of the creator(s). Mercy Corps will not sell, rent or trade your personal information.