The Future with a Green Economy

While we are making significant strides in leveraging our economy—and our country— out of a very difficult time period for millions of people, we need to be cognizant of how we do so. As new stimulus-funded opportunities take shape, communities and groups who are traditionally marginalized, historically overlooked, and most affected by the recession deserve priority in seizing these opportunities. However, it is up to us to ensure that the recovery makes investments that are equitable, transparent, and fair.

Instead of remaining in a gray economy (http://www.arc.org/downloads/Green_Toolk it_R3.pdf, pg 6)—one where the environment is polluted with toxins and waste, and not all jobs offer advancement, stability, and personal development— the eco-friendly, green economy has great potential to improve not only the environment, but the state of the economy as well. As outlined in Applied Research Center’s November 2009 Green Equity Toolkit (arc.org/greenjobs), the benefits of a green economy are vast. Green jobs not only pay higher wages compared to conventional jobs, but they are also less likely to be exported abroad and would simultaneously move our country towards energy efficiency, sustainability and self-reliance. If we work towards green sector development, we could take a step closer to improving our current, rather dismal, state of affairs. With October’s unemployment rate higher than it has been in 25 years and the personal bankruptcy rate for the first nine months of 2009 40% higher than the 2008 rate, the time is now to make the necessary change towards an economy that would be best for everyone, including Mother Nature.

For more information, please see Applied Research Center’s Green Jobs webpage at: www.arc.org/greenjobs.

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Will Green Stimulus Money Go to China?

Developers of a massive 36,000-acre wind farm in West Texas will be seeking federal stimulus money for the project which will include 240 2.5-megawatt wind turbines.

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Weekly Mulch: Companies Ditch Chamber for Climate Bill

By Raquel Brown, Media Consortium Blogger

Major utility corporations, like Exelon, California's Pacific Gas & Electric Co. (PG&E)  and New Mexico's PNM have announced that they are leaving the U.S. Chamber of Commerce because of the organization's controversial stance toward climate change and opposition to a clean energy bill. The Chamber represents business interests, and according to a New York Times editorial, "no organization has done more to undermine [climate change] legislation."

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Karma's a Bitch.

(cross-posted at kickin it with cg and motley moose)

Note: I originally wrote this one year ago and yet - it still seems more timely than ever.

With last week GM reporting a $15.5 billion loss in the second quarter, it is quite clear that American car manufactures are getting their come-uppance.

Edmunds.com published a list of the top 10 most efficient 2008 sedans available.  They ranked the cars based on EPA fuel economy numbers.  And sweet moses would you guess that not one from an American manufacturer made the list!  Even the Wall Street Journal, not known for its criticism to big business, has sharp words about American car manufacturers.

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Michigan to Build Windmills--If You Let Them!

Today, the news posted a glimpse of the promise of Obama's green economic initiatives:

From the Detroit Free Press:  http://www.freep.com/article/20081215/BU SINESS01/81215041

Granholm's remarks on the rescue came after her announcement that state tax breaks for 20 business projects will net the state $2.3 billion in new investments.

That will ultimately produce 7,400 new jobs, directly and indirectly, according to the Michigan Economic Development Corp. (MEDC).

Among the ventures is a company that makes wind turbines and a firm that will make a lightweight bus that gets three times the gas mileage of conventional buses.

Such a vision might transform manufacturing in the midwest and bring new prosperity to the long suffering rust belt...  Except that this initiatives is very close to failing, if... if...  (more over the break)

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