Rio Summit Must Make a Difference for Clean Energy

World leaders have debated the merits of sustainable development and a green economy at Rio + 20, the United Nations Conference on Sustainable Development in Rio de Janeiro.

Protesters have used the event to highlight injustice.

And something substantive benefiting the environment may actually get done. This year’s theme is after all “a green economy in the context of sustainable development poverty eradication and the institutional framework for sustainable development.”

However, listening to current U.S. political discourse makes me wonder if anybody in government seriously considers steering toward a green economy.

Wall street bankers, brokers and speculators remain so fixated on profits and bizarre anti-populist goals like killing Dodd-Frank, the already weak-kneed consumer protection act, that real values get swept away like last quarter’s balance sheet. The concepts of quality of life, a better place for children and continued proliferation of the American way — where everyone has a chance to make it big — get nothing but lip service.

A trillion reasons

Robert Redford put it succinctly in a piece on Huffington Post: “We can do better,” he writes. His point is that with so much at stake, we need to shift some emphasis to clean energy and eliminate the near “one trillion dollars of subsidies… handed out to help the fossil fuel industry” each year.

Here’s author and activist Bill McKibben’s take, from an email he sent to the 350.org network: “We know that world leaders aren’t likely to achieve a comprehensive climate breakthrough in Rio.” But he says stopping subsidizing the fossil fuel industry would “give renewable energy a fighting chance.”

The buzzword now is jobs. The issue is so important people are ready to jump at anything, even a silly pipeline project that taps perhaps the most planet-cooking reserves Earth has to offer.

Jobs, jobs, jobs

Redford says, and he’s backed up by numerous studies, that every federal or state dollar invested in clean energy gives multiple times the return of fossil fuels. Truly, that’s the kind of job that makes sense. Here in California’s San Joaquin Valley, we’re trying to prepare a ready work force. A consortium of community colleges has banded together to prepare curriculum that meets industry’s specifications and enables a green energy renaissance.

Then intent is to create living-wage jobs, rather than positions that perpetuate and exacerbate extreme economic divisions. The middle class is no longer bullet-proof. Incomes are declining.

So how does a green economy fit in? Not easily apparently. If it were up to me, I’d say, “Make the United States energy self-sufficient in 10 years, emphasizing sustainability.”

That’s not to say we should completely shed oil. The stuff has been quite good to us. Let’s just give a shot to making the world a better place, allowing American ingenuity fill in the blanks.

Taking up the challenge

Former Great Britain Prime Minister Tony Blair and a group of international statesmen and business leaders have penned an open letter advocating for a “clean revolution,” which they say is essential to “save our economies from the crippling costs of runaway climate change, and create meaningful jobs and enhance energy security.”

The group backs a campaign by business and government that calls for a “green growth” push out of global recession.

Topical, especially with nearly a half dozen countries in the European Union teetering on financial collapse. Greece elected the conservatives by a squeaky thin margin that allowed the markets a respite. But the future is anyone’s guess.

How’s the weather?

Kathleen Rogers, president of the Earth Day Network, says there’s a chance the Rio + Summit will get results, but “the outlook is bleak.”

Normally, I love that pessimistic stuff. It nurtures the curmudgeonly spirit I gained from 24 years in newspapers, pounding out or editing stories about the best and worst in people.

But I’m hoping for more. The summit marks the 20th anniversary of the 1992 United Nations Conference on Environment and Development in Rio de Janeiro, and the 10th anniversary of the 2002 World Summit on Sustainable Development in Johannesburg, South Africa, the country where my cousin Sarah has decided to raise her twins.

Rogers says the U.N. event two decades past generated real optimism and a climate change treaty that “charted a new course to sustainability.”

Love at first bite

Implementation is a completely different issue. All that optimism from the first Rio summit had the bite of my toothless and blind 14-year-old dachshund Spike. Oh, he still barks like crazy — as do those of us who believe in a sustainable future. But we need a pit bull.

Adding some fangs, or even some well-worn teeth, requires agreement and action. I do believe it wouldn’t take much. Many are willing to give it everything they’ve got to extract power from those green dilithium crystals.

UN Secretary General Ban Ki-moon’s Sustainable Energy for All initiative has lofty goals, calling for universal energy access, a doubling of energy efficiency and a doubling of renewable energy by 2030. But it’s got allies.

Nothing but wind

The European Wind Energy Association says 75 countries around the world have installed wind turbines and 21 have more than 1,000 megawatts generating energy. It says with the right policy support projections show that wind power will double capacity by 2015 and again by 2020.

“This can be achieved,” says Kandeh K. Yumkella, the Director-General of the United Nations Industrial Development Organization, in a statement.

After all, what choice do we have. Really?

Energy Saving Posters Will Encourage Employees to Save Energy in the Workplace

Energy Saving Posters in the Workplace

Often even the most environmentally conscious people forget to conserve resources in the workplace. But earth friendly habits are important to foster in the workplace, and it is important that managers and business owners put the right tools in place to make green habits easy to adopt at work. Besides being good for the earth, green habits improve a business’ bottom line.

When employees consistently turn off lights and unplug appliances, less energy is required to operate the office. When there are policies in place that require them to turn off screensavers or use sleep modes on their computers, a huge amount of money is saved on electricity bills.

Energy saving slogans are a fun way of gently teaching “old dogs new tricks”. Often people operate on autopilot with bad habits that could easily be replaced by earth friendly practices. This is especially true if the managers or owners of the business do not set eco-friendly systems in place. For example, if no recycling bin is provided, everyone will more than likely throw their recyclables into the trash rather than taking them with them to a recycle bin off site. Almost every breakroom could benefit from a recycling bin and appropriate recycle sign. Another great suggestion to post in breakrooms is the use of reusable utensils and travel mugs.

Almost every office uses paper, but not every office has a tree friendly policies like recycling paper, copying on both sides, and only print what you need. Simply posting these suggestions on the wall with a green sign will cause people to think twice about wasteful practices.

Energy saving posters are large enough to describe several ecofriendly practices, and are designed to cater to the needs of a certain area. There are posters that target breakrooms, copy rooms, lobbies, warehouses, and other common workplace areas. These posters often feature animated illustrations to demonstrate how to green the workplace. Green signs and posters can go a long way to help employees tread a little lighter on the earth.

Employees may feel it is the responsibility of the company to enforce environmental policies. These policies can be established by simply posting appropriate signage in the workplace. This simple step can be effective without even holding meetings or verbal reinforcement. Often employees are happy to participate in green programs, and just need these practices to be first suggested and encouraged by the supervisor. Greening the workplace doesn’t have to be more work. It is more about changing mindsets. The best way to remind people is to place signs in appropriate areas.

One of the most effective energy saving poster shouldn’t even be called a poster at all, because it measures just 5″ x 7″. It is a small sign that is placed beside a light switch that simply says “Turn Off Lights When Not In Use”. This message should be placed beside every single light switch in the workplace.

Don’t let greening the workplace overwhelm you. Start small and do what you can. Make it simple and others will follow. Order some energy saving posters today and you won’t even need to hold a meeting!

New Energy Future – We Need to Turn More Green Business Ideas Into Action

The way forward lies in green investment. No, I’m not talking about dollars, though that too will follow inevitably. I’m talking about greening your small business. And the many successful entrepreneurs who have managed to build sustainable businesses without sacrificing ethics or the environment.

The Obama government has set apart billions of dollars to encourage green business ideas and initiatives. Various finance sources such as tax credits, loans and grants are available to fund green buildings and energy efficient ventures at national, state and local levels. Homeowners, businesses, non-profit organizations and government organizations can take advantage of these opportunities to convert their green ideas into action.

Alternative renewable energy sources harness natural resources. Solar energy, wind farms, biogas digestion, rain water, biomass briquettes, helioculture are some examples of alternative renewable energy. Solar panels and installers are being used by many businesses, schools and homes to generate heat and electricity.

Top companies of various industries are taking responsibility to reduce their ecological footprint by slashing greenhouse gas emissions. Though saving money and reducing risks are the main incentives driving these initiatives, every effort is crucial in combating climate change. Green consulting agencies help businesses green their premises and inculcate green business practices amongst its employees. Energy efficient products conserve energy and reduce bills for consumers.

Businesses should support green initiatives with the necessary infrastructure and processes. Energy-efficient computers, monitors, printers, fax machines, scanners, copiers and multi-function devices that automatically power down during extended inactivity save 50% energy or more. Laptops are much more energy efficient than desktops. Consider upgrading your employees to laptops.

Taking business operations online reduces usage of paper and printing ink. Sending customers online receipts of sales instead of paper is another step. Online operations also improve business efficiency as data can be managed in a better way. Businesses should use recycled products wherever possible – paper, packages, toilet paper, etc. Wastage of water should be minimized by installing water saving devices in bathrooms and cafeteria. Energy efficient vending machines are equipped with refrigeration and lighting controls and save up to 30% energy. The key is to save wherever and whenever possible.

Where there is a will, there is a way. Nothing rings truer when one sees the amazingly innovative small green businesses sprouting across the globe. Typical examples are BTTRventures – a 100% sustainable urban mushroom farm that utilizes recycled coffee grounds from Peet’s Coffee & Tea, founded in Berkeley, CA by two 2009 grads; Turning Point Brewery – Canada’s first sustainable brewery; GRID Alternatives – provides renewable energy and energy efficiency services to low-income homeowners and community members.

There is never a better time than now. While businesses are doing their part to conserve the ecological system, it is also every individual’s moral responsibility to build a safe and healthy future for the next generation. By respecting our environment and following green practices at home and office, we pass on the right education to our children. Reduce, reuse and recycle – this is the mantra we all need to incorporate into our lifestyles.

Profound Capital Markets for Renewable Energy – Eco-Plant Corporation

Investing in Renewable and Efficiency Energy is on the verge across the world. Individuals are becoming more sensible towards their environment, which resulted in more businesses adopting environmentally friendly business practices and becoming a sustainable green business. Converting into green business has been a wakeup call for many companies and for some companies it was already a mentioned market trend which was recognized by them quite early.

Following the global financial crisis, a more varied funding market is emerging in many countries. Established investors are assisting in filling the funding gap missed by the shrinkage in bank lending in the rouse of the crisis, particularly in long-term financing for infrastructure projects, and sitting alongside banks to offer a wider pool of capital to developers.

The economic climate overcoming the financial crisis of increased regulatory supervision and persistently low rate of interest led to pension funds and insurance companies in seeking an alternative source for a long-term stable investment.

Abundant number of pieces of evidence shows that renewable energy and energy efficiency are booming sectors for business. According to a report, 190 of the fortune 500 companies together saved around 3.7 billion dollars through their energy efficiency initiatives and collective renewable energy.

With the growing streak of this trend around the world, there is an increase in debt finance in the market from established investors mostly for an infrastructure project and more conventional renewable energy assets including solar PV, onshore wind and Bioenergy. Established investors that are on a quest to match long-term investments, index-linked liabilities and higher secure returns as compared to currently available bonds, are attracted by stable, long-term and index-linked type of assets.

A considerable amount of investment has been made in operating assets through which increasing capacity of risk has been taken by the investors. However, similar to banks, there seems to be a very little appetite for development risk factors. Established investors are moving faster towards banking counterparts in being able to provide reimbursement profiles and staged drawdown facilities that are suitable for this kind of financial markets.

Investments from non-bank institutions have often been through the purchase of participation in the secondary debt trading market or bond markets. However, a market of debt facilitates private placement (PP) which is a small group of sophisticated investors has been slowly developing.

Private placement market will entirely substitute other forms of finances for renewable projects. There are already long-established private placement market groups in many countries for corporate debt. Since the financial crisis, smaller national markets have also developed. To help encourage the development of private placement market, loan market association published a suite of standardizing the documentation for private placements across many countries for providing a proper framework. It is hoped that these suit will help to raise confidence in the market and will encourage investment by reducing the time and costs often associated with current private placements in certain countries.

Certain efforts are taken to simplify and make the process more transparent by turning towards more private placements. Governments across various countries have announced a tax exemption for private placements, this will help in encouraging both borrowers and institutional investors to invest in the capital market.

Many countries now support the growth of renewable energy sector and help in encouraging to further invest in energy infrastructure, renewable power and fossil fuels. Attracting cross-border investment and minimizing dependency on traditional bank debt, will further encourage institutional investment for key sector helping to stimulate growth and aid resilience in various economies.

Banks are also returning to the market which showed a substantial increase in long-term debt facilities offered by banks for renewable energy projects. In addition, many banking facilities are likely to preserve a significant role together with established investors by providing them ancillary facilities and deposit services. This includes catering to letters from credit facilities and working capital which non-banking investors are not able to provide the investors with. Likewise, the role of the bank is to provide trustee and agency with services in case the funds are ill-equipped.

Predictable sustained growth in Institutional Investment, alongside returning bank debt and other innovative funding structures, is creating a deeper impact on the capital market for renewable energy projects. Investors looking to invest in green business are coming across greater opportunities from future perspectives which is just a matter of time. Clean energy is just the tip of the iceberg. A recent study shows that companies could earn around 12 trillion dollars by 2030 in business revenue and saving by adopting sustainable, low-carbon business models. Investors all over the world are taking a note, as green bonds are increasingly seen as smart investments.

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