Investing in Green Technology

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You probably are familiar with the old adage, “put your money where your mouth is”.  This saying definitely applies to the green movement.  Green initiatives require an enormous financial commitment to develop and advance the technologies necessary to address the issues of climate change and to reverse the pollution of the Earth.  Statistics collected in Global Trends in Renewable Energy Investment 2012 Report, a study backed by the UN Environment Program, have tracked financial investments in green energy globally since 2004.  These statistics reveal the following:

  • Investment in renewable energy accounted for 44% of all new energy generation capacity added last year.  This represents an increase in renewable investment, up from 34% in 2010 and 10.3% in 2004.
  • The majority of the money invested in renewable energy came from the private domain and largely was invested in the area of research and development.  In fact, investment from the private sector was twice that of government and public bodies.
  • The renewable energy sector of emerging economies, such as India and China, has the biggest boost.
  • In 2009, China surpassed the United States in total annual investment, and in 2011, it attracted more money than any other country.

While these statistics show a financial commitment to the green movement, statistics indicate that investment in green initiatives still lags behind that of traditional sources.  In 2011, only 6% of the world’s energy requirements were generated by renewable sources.  A caveat to this situation is that many clean tech companies have suffered from the volatility of the markets over the past two years, and in many countries, policies established to encourage investment in renewable energy have been weakened by austerity measures undertaken to upright faltering economies.

When considering investing in renewable energy or other green initiatives, the due diligence requirement cannot be understated.  Thorough understanding of this market sector is mandatory.  For example, it is important to know that these markets require government confidence and commitment in order to be successful.  Financiers require stable policy to back green investments.  It is important to identify mature technologies because they have longer track records.  These often include onshore wind and solar energy.  Remember:  Lower technological risks equal more finance.

Investing in renewable energy and green initiatives presents potential opportunities for financial gain, as well as moral commitment to the green movement.  As with any investment, make sure you do your homework and seek professional advice so that you understand the many factors involved.  A place to start your journey to green investments is: http://www.sustainablebusiness.com.

Let’s live green, be green!

Due diligence– Prior to investing in any commodity, do your homework, and if necessary, seek professional financial advice.

Coral Reefs are in Grave Danger

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Coral reefs all over the world are suffering severe damage from climate change, and as the levels of manmade greenhouse emissions continue to rise, the window of opportunity to save the corals are dwindling.  According to a report published in the journal, Nature Climate Change, “approximately 70% of corals are expected to suffer long-term degradation by 2030, even if strict emission cuts are enforced”.  Loss of the coral reefs would be devastating to the ecosystem because the corals are home to about 25% of the world’s ocean species.  In addition to providing coastal protection, they support tourism and fishing industries for millions of people globally.

Scientists at the Potsdam Institute for Climate Impact Research at the University of British Columbia and the Universities of Melbourne and Queensland in Australia conduct studies on the impact of climate change on coral reefs.  With the use of climate models to calculate the effects of different emission levels on 2,160 reefs worldwide, the researchers concluded that “[t]he rise of global average temperatures, warmer seas and spread of ocean acidification due to greenhouse gas emissions . . . pose major threats to coral ecosystems”.  To protect coral reefs, sea surface temperatures must decrease greater than 2 degrees Celsius, which is the limit viewed as a safe threshold to avert most devastating effects of climate change—i.e., drought, sea level rise and crop failure.    The study advises that a limit of the mean temperature increase of 1.5 degrees Celsius is needed to save at least half of the coral reefs.

A separate report issued last week notes the threat to the Caribbean corals and urged action to limit pollution and aggressive fishing practices.  Average live coral cover is down to 8% today, compared to 50% in the 19070s as reported by the International Union for Conservation of Nature.

These research findings should serve as a wakeup call on the severely negative impact of climate change on our ecosystems.  We need to act to save our environment while there is time.  Let’s live green, be green.

Coral reefs are under threat of degradation from global warming resulting in increased water temperatures.

Climate Change Alters Life as We Know It

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The protracted heat and severe storms over the past year have affected most of our lives in some way.  The extent of impact has ranged from inconvenient power losses during storms to loss of property and life during periods of hurricanes and tornadoes and their resultant flooding.  Some of these effects are predicted while some other results come as a surprise.

We know that the harsh effects of climate change have signaled increased food prices all over the world.  The United Nations Food and Agricultural Organization warns that any sudden and extreme price hikes in food are especially devastating to people in places such as Africa where undernourishment already is a significant problem.  The current drought in the Midwestern United States and Russia, accounting for increased costs for maize and soybeans, could evolve into a catastrophe for tens of millions of people.

Although it may seem like a luxury to some, the availability of maple syrup is decreasing due to higher temperatures that have shortened the syrup collection seasons.  The Proctor Maple Research Center at the University of Vermont predicts that the long-term effects of global warming “may lead to a shift in forest composition and the maple-beech-birch range will begin migrating northward to cooler areas”.  Such migration will delay syrup production because it takes 40 to 50 years of maturation for a maple tree to produce enough sap for sugaring.  While the decrease in maple syrup production is an inconvenience to pancake lovers, it poses a socioeconomic threat to a major industry in the northeastern region of the United States.   Further information on this can be found at:   http://www.news.cornell.edu/stories/Nov10/SyrupClimate.html

Global warming also harms many animals adapted to colder environments.  An article in the U.S. News and World Report cites the difficulties faced by caribou in warmer temperatures.  The caribou now arrive in West Greenland after the peak foraging period.  “Fewer calves are being born, more calves are dying.”  http://www.usnews.com/news/energy/slideshows/10-animals-threatened-by-global-warming.  Additionally, polar bear litters are getting smaller as the amounts of sea ice declines from warmer temperatures.  Earlier than usual spring sea ice break-up results in the failure of pregnant females to bring calves to term.  Our warmer planet also threatens fish, such as trout and salmon, which thrive in cold streams.  In addition to affecting the survival and propagation of sea life, the negative impact of warmer waters will also result in millions of dollars in lost revenues to the fishing industry in the United States alone.

In terms of recreation, climate change also poses some interesting threats to the availability of goods and services that enhance our lives.  The increased temperatures, particularly in the south, potentially increase the chances for hyperthermia for outdoor athletes.  This is especially a problem for football players. http://www.txchnologist.com/2011/heres-a-reason-to-care-about-climate-change-it-could-ruin-texas-football  Unfortunately, the conservative south has led the way to block serious climate action.  Also with global temperature rise, sea levels are expected to increase.  Such occurrences threaten to submerge Florida’s coastal communities, which would be devastating to vacationers and the communities that rely on tourism for their survival.

Many other products that we enjoy also are threatened by climate change with its increased temperatures.  These include coffee, beer (which relies on water for production), chocolate and many fruits, including grapes, which in turn, affect wine production.  This list goes on and on but is limited here by space.  Just think about the foods you buy and activities you enjoy.  Many of these things may become more expensive or they may disappear entirely because of climate change.

Climate change is much more than a small cyclical inconvenience.  It potentially poses a threat to life as we know it.  To save our planet, let’s live green, be green.

It would be difficult for Gene Kelly to sing in the rain today. Either the storms are so severe or there is no rain– both impossible extremes.

Drought Proven To Be A Key Element In Collapse of Ancient Cities

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Drought! Drought! Drought! We hear it everyday. We feel its effect in the grocery store in the form of higher costs for produce and meat. Our daily television and web-browsing experiences often include stories and pictures of parched farmlands and the individuals who are negatively impacted economically and socially by this year’s extremely dry weather. At the same time, we hear the naysayers’ criticisms of the insistence that the drought is caused by climate change. They contend that we are experiencing a natural cycle that will change soon. They admonish that proposed EPA standards to protect the environment from pollution are part of a political agenda and are based on a myth.

A study cited this week by the U.S. Geological Survey notes that “humans have a long history of having to deal with climate change”. http://www.usgs.gov/newsroom/article.asp?ID=3359#.UD9kbI5vd8u. The results of this research was published in July’s edition of Geology and points to the lack of available water in Egypt and other ancient civilizations as the major player in the collapse of these societies. The researchers examined pollen and charcoal preserved in the Nile Delta sediment dating back 7,000 years to present to define the physical mechanisms affecting critical events in ancient Egyptian history. The goal was to see if changes in pollen assemblages would reflect ancient Egyptian and Middle East droughts in archeological and historical records. Additionally, the researchers examined the presence and level of charcoal because increased fire frequency during extended periods of drought also would result in larger charcoal deposits.

The study results did support the hypotheses, with findings of increased microscopic charcoal in the core sediment during four recorded periods of drought. These findings are from recorded events, independent of political agenda, occurring in Egypt and in the Uruk Kingdom when modern Iraq collapsed. A second event was noted in the eastern Mediterranean and is collaborated with the fall of the Ugarit Kingdom and famines in the Babylonian and Syrian Kingdoms.

Studies such as these are crucial to our very existence. The objective and scientific determination of factors resulting in the collapse of ancient civilizations provides us with the knowledge and direction to find present-day solutions to these problems. This study concludes that climate change leading to severe drought led to the destruction of these societies. Water conservation,drought prevention, and other measures associated with environmentally friendly living are mandatory to ensure our continued existence on Earth. Yet more reasons to live green, be green!
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Carbon Emissions Lowest in Twenty Years

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The U.S. Energy Information Agency has released a report this month which states that energy related carbon dioxide emissions during the first four months of 2012 fell to about the levels noted in 1992. While acknowledging the contribution of conservation efforts, the lagging economy and greater use of renewable energy to the decrease of carbon dioxide emissions, the agency largely attributes the drop-off in levels to low-priced natural gas. The decrease in price of natural gas is driven by higher levels of shale gas drilling in some areas of the northeastern United States, as well as in Texas, Arkansas and Louisiana. It is cheaper now to burn natural gas than coal, and as a result, utilities are starting to rely on gas-fired generator plants.

The quick-turnaround from coal to gas has surprised many government and industry experts. The messages regarding climate change and the need for cleaner energy are not new. It appears that people are predominantly cost-driven. An environmentally friendly solution to a pollution problem that is less expensive than an environmentally harmful practice is sure to win.

It is important to mention that any efforts made to counter human-induced climate change must be global. Unfortunately, the use of coal for energy is growing, rather declining in some other countries, specifically in China. Global cooperation to seek cleaner energy solutions is mandatory in order to be effective for any one part of the planet. Another issue looming on the horizon lies with the use of natural gas because while it burns cleaner than coal, it still emits some carbon dioxide. Also drilling for natural gas carries potential risks, some of which are not fully understood. Environmentalists state that in fracking operations, the large volumes of water, sand and other chemicals injected into shale rock to break it apart and free gas often pollute underground drinking water and cause methane leaks, which in turn, and produce air pollution. This contributes to global warming. Some groups, such as the Sierra Club, have major concerns with the potential risks versus the net benefits of using natural gas.

It will be interesting to see the developments in energy sources that will accommodate global expectations, satisfy federal mandates, and effectively address economic and environmental concerns. Research and development in the field of energy is challenging, but hopefully some solutions will be found in the near future. Let’s do all that we can to live green, be green.

Natural gas power plants”cycle” on and off more efficiently than their coal counterparts.

Severe Drought Sparks Innovative Technology

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It is impossible to go through a day without being reminded of the severe drought conditions affecting the majority of the continental United States. Whether while watching news on the television, reading the newspaper or online news, or shopping for groceries (especially produce), the gloom and doom associated with rising costs of food and loss of revenue attributable to the drought remain front and center. However, if you dig a little deeper into this subject, you will find that this situation is not totally hopeless. In contrast to the millions of acres of unsalvageable corn crops with their abundance of brown leaves withering away and dying in parched soil, there are some fields in the Great Plains that boast healthy vegetation, courtesy of innovative seed companies such as Monsanto and Pioneer.

In response to the drought, farmers are more interested than ever in finding innovative solutions to make crops more resilient. Agricultural research now is directed toward improved farming practices, better plant-breeding techniques and genetic engineering to create plants that are more adaptable to the effects of climate change. Although it is controversial due to cost and unpredictability, genetic engineering holds some promise. To date, experimental strains of corn produced by Monsanto have been successful in surviving and prospering despite the harsh summer conditions. This hybrid corn, DroughtGard, carries a gene that helps it to draw water from the soil more gradually than other varieties of corn. This process promotes water conservation during dry periods. Of note, the DroughtGard hybrid is the only genetically engineered strain that has been approved by the Department of Agriculture.

This new research to create water-resistant strains of corn is a major change in direction for crop scientists, who since the 1920s have focused primarily on improving strains of corn and wheat to yield larger harvests to keep up with the ever-growing population. This new focus is so important because a major issue of climate change is water, whether in terms of droughts or floods. To successfully engineer a strain of corn that is adaptable to the impacts of climate change would amount to a real game changer in this battle.

Scientists predict that with climate change, the intermittent droughts experienced in the United States will increase in frequency. This impending phenomenon has given the task of finding innovative solutions in crop production a renewed urgency. While scientists work to find solutions to crop preservation during adverse weather conditions, it is more important than ever that each of us do our part to protect the environment. Let’s live green, be green.

Global Warming Becomes Political Hot Button Topic

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With the Presidential and Congressional elections approaching quickly, globing warming and climate change are becoming hot topics. The League of Conservation Voters is targeting five House Republicans who either question or totally deny human links to climate change. The organization has labeled these Congressmen the “Flat Earth Five”. To date, two names have been released. They are Reps. Sam Benishek (R-Mich) and Ann Marie Buerkle (R-NY). Three additional names will be forthcoming.
Despite the fact that hard science data proves that global warming is a reality, i.e., melting icebergs, severe storms, extreme heat and cold weather, and crop destruction, just to name a few, the “Flat Earth Five” Republicans state there is no climate change, and the notion of global warming simply is a liberal ploy to tax large oil companies. Rep. Benishek specifically says that global warming “is just some scheme” and is “all baloney”. Rep. Buerkle first voiced doubts about climate change in 2010. On the League of Conservation National Scorecard, she has a lifetime score of 9 percent out of a possible 100. This scorecard annually rates members of Congress on conservation and clean energy issues. Rep. Buerkle has the most conservative voting record of all New York Congressional members.
It is difficult to understand and disappointing to know that protection of the environment is caught up in the crosshairs of politics. It is mind boggling that this is such a political issue in this time when 77% of Americans believe that climate change is a reality and that we all need to make lifestyle changes to save the Earth. (http://www.syracuse.com/news/index.ssf/2012/07/rep_ann_marie_buerkle_named_on.html)

It is promising to see schools incorporate green living standards in curricula and refreshing to witness families work to conserve energy and employ green and healthy practices in the home. Although we often have differing beliefs about environmental issues, the unifying belief should be that this is the only planet we have on which to live. We do not own the Earth. Rather we are the stewards. We work hard to provide a future for our children, and the protection of the environment must be considered a major component of that future.
In the upcoming elections, we must be mindful of the issues crucial to our very existence. The best way to do this is to educate yourself on the candidates and what they stand for. Researching scorecards and voting records is a great start in this endeavor. This is especially true for local and state elections. While we cannot change the whole world in an instant, we can band together and improve our communities through the creation of recycling programs, instituting clean water projects, constructing safe and healthy schools and building “green” neighborhoods. To be the building blocks of the green movement, let’s vote green, live green, be green.

Climate Change Impacts Native Way of Life

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There has been an ongoing debate regarding the negative impact of climate change versus natural occurrences.  Environmentalists point to the damaging actions of mankind as the source of a climate change problem while many conservatives totally dismiss this as a silly notion.  This week Native American and Alaskan leaders testified in Washington, D.C. on the need for Congress to address the serious issues of environmental changes in their communities.  In their testimony, they told of their villages being underwater because of coastal erosion and droughts.  Alaskan leaders noted the change in venue of the Iditarod Trail Sled Dog Race because of lack of snowfall.  Mike Williams, Chief of the Yupit Nation in Akiak, Alaska emphasized that his community always has lived off of the land and waters, but now their survival is threatened by today’s climate changes.  Native communities are disproportionately impacted by harsh climate changes because they rely on nature rather than technology for food, sacred sites and cultural ceremonies.

To foster discussion and give attention to the problem of climate change and its negative impact on tribal communities, the Smithsonian Institution’s National Museum of the American Indian is hosting a symposium this week.  Entitled First Steward, this gathering of tribal leaders, scientists and individuals negatively impacted by climate change provides an opportunity to learn first hand about indigenous populations who have lived off the land and waters and continue to so but now are finding to difficult to maintain their lifestyles.  These communities do not have access to technology that exists in large urban centers.  As a result, their very existence now is compromised, and they need help. Mr. Williams advised that any plan to address climate change should take into consideration native practices and traditional knowledge.

It is important to realize that climate change exists and is happening now.  While we argue about its cause and how to balance the costs of climate change, some communities are melting away.  Let’s all become stewards of the environment.  Live green, be green.

Green Farming To Counteract Climate Change

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We all are aware of the breaking environmental news regarding current drought conditions in the United States.  Presently, more than half of the United States is suffering from the worst drought conditions since the Dust Bowls, the last of which occurred 50 years ago.  We are witnessing wilted crops, particularly corn, dried-out, cracked soil and devastating forest fires caused by parched woodlands.  It is important to note that the current drought levels have not reached those of the Dust Bowl where 63% of the country experienced severe drought; however, today’s statistics do place this occurrence in the top 10% for the past century. 

Comparisons of statistics for severe droughts in the 1930’s and 1950s have resulted in some assumptions, especially by some politicians and talking heads that the current drought is not caused by global warming.  One such argument notes that carbon emissions were lower in the 30s than they are today, so the problem must have been due to some other natural occurrence.  Tree-ring data often have been cited to suggest that North American droughts are part of a natural cycle tied to La Nina events.  Environmental scientists now are compiling compelling evidence that rising temperatures are making droughts more common, and this phenomenon is less likely attributable to natural causes. 

The primary focus now must be on measures to address the problems of climate change.  John Antler of Montana State University has published a paper, which proposes that the government shift policies to adapt to climate change, i.e., providing subsidies for crops such as corn and soy to prevent adaptation by locking in current farming patterns. (http://www.rff.org/news/features/pages/climate-change-forcing-farmers-to-adapt.aspx)  Tom Philpott recommends a stronger push towards organic farming.  Recent research concludes that while organic farming yields smaller crop production, the organic farming process holds retains more water and performs better during droughts (http://www.motherjones.com/tom-philpott/2012/07/what-organic-ag-teaches-us-about-feeding-ourselves-while-planet-heats).

Currently, the United States has not been impacted as severely as many other nations by drought and destruction of food supply.  However, we see the effects of droughts in terms of increasing prices for food and increasing disasters, such as forest fires and parched land.  Droughts are becoming difficult to avoid, and steps must be taken immediately to protect our land, population and food sources.  Our very existence depends on this.  To save our world, let’s live green, be green.

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The Palmer Drought Severity Index mid-century.  A reading of -4 or below is considered extreme drought.  (Source:  National Center for Atmospheric Research).