subject: The Benefits Of Investing In Green Energy [print this page] The Benefits Of Investing In Green Energy
A little known author Ymber Delecto famously said "I am the earth. You are the earth. The Earth is dying. You and I are murderers." Renowned environmentalist David Orr famously quoted "When we heal the earth, we heal ourselves." Such has been our hunger for growth and development that in a mere century we have caused much more damage to the planet than ever since man came out of the caves and started farming. If we do not act now we might leave behind a barren planet unfit for life to our children and grandchildren.
One of the ways to do it is by investing in green energy. We need to reduce the carbon emission and our dependence on fossil fuels, which are depleting and may last another 50 to 100 years based on consumption. Investment in green energy has been low and ceremonial in most cases due to lack of awareness, misinformation and huge commercial interest. It is time we start investing in green energy or the human race may cease to exist on this planet.
The following are some of the advantages of investing in green energy:
Cost Effective One of the best things about investing in green energy like sun, wind or water is the cost advantage they provide. Technically all of them are available for free. The initial investment may be a little high, but it is very cost effective in the long run and marginal when compared to using petroleum or coal.
Regular Supply - Natural resources such wind, solar, biomass, water are available in abundance and hence can be replaced very easily. Most of these are procured from nearby places and do not need to be transported over hundreds of kilometers like coal and petroleum. The supplies of these resources do not depend on foreign relations, wars etc. and are readily available whenever we want it.
Reduces Pollution - Renewable resources reduce electricity and industrial pollution preventing acid rain through its byproduct of sulfur oxides and water. Thermal and oil run power plants pollute the environment and release harmful gases into the atmosphere.
Tax Benefits - Most of the government across the world provide huge tax benefits to individuals and organizations, which are investing in green energy as it saves a lot of foreign exchange spent in importing coal and petroleum. In some countries the cost of green energy equipment is heavily subsidized.
Caring For Environment Last, but not the least investing in green energy will give you satisfaction of having cared for our environment. You will reduce the emission of greenhouse gases and depletion of the ozone layer. You will play a small role in countering global warming and preventing deforestation, cyclones and tornados. There can be no advantage, which is more important than this.
In the end we need to keep one thing in mind that we have one planet and the victims of our mistakes will be our children and grandchildren. Investing in green energy is the least we can do in preserving the planet to which we owe a lot.