By Tobin Smith

ISBN-10: 047034377X

ISBN-13: 9780470343777

ISBN-10: 0470430214

ISBN-13: 9780470430217

Nice evaluate of the united states eco-friendly funding possibilities that i'm going to use in comparing eco-friendly funding possibilities in Asia.

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Extra info for Billion Dollar Green: Profit from the Eco Revolution

Sample text

That, in my view, is the best job around. Now with those thoughts in mind, let’s take a look at our first green sector—transportation. indd 34 10/24/08 10:55:11 AM 3 C H A P T E R Waving The Green Flag C LEA N T RA N S POR TATION Greater than the tread of mighty armies is an idea whose time has come. —Victor Hugo I love the smell of ethanol in the morning. The morning I refer to is April 19, 2008, when I was trackside at the longest-running major automotive street race held in North America—the 34th annual Toyota Grand Prix of Long Beach.

Indd 11 10/24/08 10:53:43 AM 12 Billion Dollar Green To be sure, covering the intimate details of each of these factors could take up an entire book on its own. So I’ll restrict the discussion to the primary issues as to why the world is seeing the virtue of all things green. 6 billion residents of the planet to enjoy better living conditions. Of course, with the yin there’s always a yang, and the yang here is a voracious and growing appetite for energy. S. Department of Energy (DOE)—in its International Energy Outlook 2007 report, worldwide energy demand from 2004 to 2030 is projected to increase from 447 quadrillion Btu (British thermal units) in 2004 to 559 quadrillion Btu in 2015.

What is important to understand for you, the individual investor, is that there is a consensus in the scientific community that anthropogenic (human-caused) carbon emissions are causing a rise in greenhouse gases, and this is causing a rise in global temperatures. To combat this condition, something has to be done, and it has to be done soon. Why? Well, because the atmosphere has a long memory. It effectively accumulates all CO2 and emissions we put up every year, and that’s why CO2 concentrations rise over time.

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Billion Dollar Green: Profit from the Eco Revolution by Tobin Smith


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