green business

Buying Green is Taking Hold Once Again

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."

The Green Economy: Creating Jobs For Those Who Need Them Most

The Green Jobs Act puts $125 million to developing green jobs in the U.S. Photo: <a href="http://www.flickr.com/photos/rainforestactionnetwork/2190018295/">Rain Forest Action Network (flickr)</a>
The Green Jobs Act puts $125 million to developing green jobs in the U.S. Photo: Rain Forest Action Network (flickr)

The unemployed in the U.S. may be taking the next big steps to solve our climate crisis.

The U.S. House of Representative recently approved the Green Jobs Act of 2007, which provides $125 million dollars to fund national and state job training programs in green industries, such as energy efficient buildings and construction, renewable electric power, and energy efficient transportation. It also researches new jobs and skills that are created by growing renewable energy and energy efficiency industries. This research is then used to develop job standards and create training programs.

The Green Jobs Act would create jobs that allow people in poverty programs to become self sufficient. Priority for the training programs would go to veterans, displaced workers, and at risk youth. The Senate has passed a similar bill, and a conference committee is meeting to work out the different versions.

The Green Jobs Act was largely supported by the Ella Baker Center for Human Rights, as part of founder Van Jones’ Green Collar Job Campaign, which argues that the only way for a green economy to succeed is for all sectors of society to be equally involved and equally benefiting.

As Van Jones explains, “It’s not a hand out here; you’re really connecting people who most need work with the work that most needs to get done.”

The Global Economy Reluctantly Turns Toward Sustainability

Topics: Corporations

Last month, IPS news reported on recent trends toward sustainability and green business within the global economy. According to the January "State of the World 2008" report released by the Worldwatch Institute, "innovative green efforts by governments and business are becoming commonplace." It seems that almost daily, large corporations are announcing their green efforts, however Worldwatch's report warns, many of these announcements are greenwashing.


Stories We're Watching

As Growth Slows, India Awakens to Need for Foreign Investment

International Herald Tribune - Wed, 02/08/2012 - 08:26
India’s central bank and economic analysts predict that growth will fall sharply to 7 percent this fiscal year and remain sluggish.

Social responsibility and a new world order

Washington Post - Innovations - Tue, 02/07/2012 - 07:56
Just before the New Year, the London-based Center for Economics and Business Research announced that Brazil had overtaken the United Kingdom as the world’s sixth largest economy. Furthermore, it predicted that by 2020, India and Russia will also have overtaken all the European economic powers.

Aid for trade policy rears its ugly head

The Guardian's Poverty Matters - Mon, 02/06/2012 - 01:41
The UK government's dismay at not being granted the contract for Typhoon fighter jets in India is an indication that its controversial aid for trade policy is still very much alive.

Liberia's battle to put the lights back on

The Guardian's Poverty Matters - Sun, 02/05/2012 - 23:00
Ellen Johnson Sirleaf has set ambitious targets to restore the country's electricity supply. But will it meet them by 2015?

As Africa's consumers rise, so does inequality

Yale Global Online - Fri, 02/03/2012 - 10:17
Kenya struggles to spread the wealth from rapid growth.

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