| At its worst since the 1930s' depression, the global | | | | such as France and Brazil have higher GDP per |
| economy really requires some boosting on a very | | | | kilogram carbon produced. A reason for this is that |
| large scale. A good way to do this is by green | | | | renewable energy resources can be found more |
| investment, the investment in alternative energy and | | | | locally, thus helping local and national economies by |
| thus in renewable energy companies. | | | | use of local resources and job creation. Investment in |
| Investing in alternative energy resources such as | | | | renewable energy solutions and renewable energy |
| solar energy, wind energy, biomass energy, hydro | | | | resources would also generate billions and billions of |
| power energy, and waste energy could prove to be | | | | tax revenue, and because it is a local industry, the |
| very advantageous to the global economy. There | | | | money would circulate in the national economy. |
| would be three kinds of effects. Direct effects are | | | | Another thing that green investing has to offer the |
| on-site jobs and income created as the result of the | | | | current global economy is on the issue of efficiency. |
| initial investment. Indirect effects are additional jobs | | | | Investing in companies who are further refining their |
| and economic activity that could be created, involved | | | | engines or developing new cars that don't run on |
| in supplying goods and services. There are also | | | | gasoline would help fund researches geared towards |
| induced effects, the economic activity that is | | | | the efficiency of their said vehicles. And while people |
| generated by the spending of the wages acquired by | | | | are concerned with the benefits this has to offer to |
| the employees of the renewable energy companies. | | | | the ailing environment, these investments with the |
| First of all, in the United States alone, as many as 2 | | | | purpose to help solve efficiency problems would lead |
| million jobs could possibly be created in two years, | | | | to optimization of the market resources. For cars |
| four times the amount of jobs created with the | | | | with effective gasoline-run engines, these cars would |
| same investment in the oil industry because the | | | | require less gasoline, hence there would be more |
| alternative energy industry is labor intensive. Yearly | | | | supply per car. |
| consumption of oil barrels could be reduced by the | | | | One can really see then that green investing really |
| millions worldwide, lessening dependence on | | | | does help the economy. By supporting renewable |
| international oil trade, especially on politically unstable | | | | energy companies to help provide various |
| countries. This helps to ensure the supply in the | | | | environmental solutions from renewable energy |
| market and to avoid extreme price fluctuations that | | | | resources, green investing helps to create more |
| either consumers or producers would suffer from. | | | | demand for labor, increase economic profits versus |
| Statistics show that countries that embrace | | | | economic losses, and maximize the economy's |
| alternative and renewable energy resources by | | | | resources to improve efficiency over all. |
| funding and supporting alternative energy companies | | | | |