Going Green Business Initiatives

The Business Behind Going Green

The market for green products, green taxes and green publicity has boomed over the last few years, and many businesses are earning millions of dollars in profit every single day thanks to the booming green industries. But where is the money actually going? Is it actually helping save the planet, and how long will it last for?

The green taxes have raised tens of billions and the green businesses themselves have boomed, with green energy companies estimated to have made $138 billion in 2009 alone. These values are pretty impressive, however with many of the green taxes being ‘redeployed’ and many companies suffering from carbon tax red tape.

While there may be a lot of current investment in green business, it is unsure how long it will last. The current science behind the current carbon crisis has been put under question, and many scientists are now saying that the money being invested in the relatively unproven carbon based climate change could be better spent elsewhere with worldwide deforestation and overall pollution.

A lot of the global funding is currently being spent investing in current green technologies. Some businesses are making a fortune out of this. However, green political parties are now suggesting that some of this money be invested in researching further into renewable energies which could be harnessed.

The business behind going green remains a profitable area, despite this opposition, and it can only be a good thing for the environment and the world around us. These green investments have been creating wind and solar farms around the world. You would think this would be helping to boost the countries investing the most in green technology.

However this may be a false hope, countries such as the United Kingdom have given huge subsidies for wind farms in the UK, and off its shores. The subsidies that were promised as a boon to the British economy stalled early on, and much of the money ended up going to both German and French companies. The United States suffered a similar issue, with much of its green stimulus money ending up in China, which is coincidentally where most of the financing actually came from, rather than from US banks.

The good news is that since many of the green subsidies are going to countries outside of the US, there will be less impact when the hype behind the green movement dies down, and die down it will.

The recorded temperatures of 2008 show that the last ten years have erased nearly all the progress of global warming in the last 100 years. In fact this recent drop in temperatures has re-ignited worries that emerged 40 years ago of a mass global cooling, which looks at world temperatures on a much larger scale.

This in itself has caused massive friction in the green parties, since the global cooling theory was one which suggested dumping carbon dust over the polar ice caps to reduce reflected heat to help keep the earth warm. This is a huge contradiction to current green policies, and has of course sparked some serious controversy, as well as threatening the business behind going green.

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