what is green industrial revolution
The Green Revolution refers to a series of research, development, and technology transfer initiatives and programs in agriculture that increased agricultural production worldwide, beginning in 1940. It involved developments in plant breeding including hybrids and genetically modified organisms (GMOs), irrigation infrastructure, chemical fertilizers such as nitrogen fertilizers, pesticides, and mechanization. The initiative was a component of a wider program aimed at modernizing agriculture which included telephone services, rural health services including new vaccines for diseases like polio. Began largely with Great Britain’s Department for International Development (DFID) and spread to developing countries around Asia, Africa, and Latin America starting around 1960 by various organizations later joined by other donor nations through organizations such as USAID.
What is the 10-point plan for a green industrial revolution?
10 points have been agreed upon by a group of environmental organizations, industrial associations, and companies known as ‘The Big Green 10’. These ten steps aim to create a more environmentally friendly environment for all. This plan could be divided into three key areas: energy and climate change, sustainable business and society, and resource efficiency. The 10 main points for creating a green revolution are:
- Low carbon sources of energy: Reducing carbon emissions from transport and housing is essential if we are to tackle climate change successfully; so, building zero or low-carbon homes must become a priority, together with using cleaner fuels in cars and lorries which currently produce most of our greenhouse gas emissions. The best way to reduce CO2 from the transport is through more efficient use of fossil fuels, such as greater fuel economy in vehicles through improved technology or better driving habits including leaving enough time for journeys rather than being in too much of a hurry plus walking or cycling where possible, while zero-carbon technologies like electric cars will also play an important part in reducing emissions over time
- Low carbon homes: To make houses more energy-efficient, Government should provide financial incentives for householders to improve their homes’ insulation and install renewable energy systems. For example, at present domestic solar panels attract no VAT on installation or maintenance costs (although they do attract VAT on purchase). So, there is no reason why households shouldn’t take advantage of clean power from solar panels when available.
- Renewable energy generation: Renewable energy generation has huge potential in providing both heat and electricity, but at present only about 20% of the electricity used in Britain comes from renewable sources (mostly wind turbines) compared with around 40% across Europe whole. So Britain needs to increase its investment in renewable power generation even further if we are going to meet our EU targets on reducing CO2 emissions by 2020.
- The role of Transport: The role of transport in cutting CO2 emissions is crucial since transport accounts for 27% of total UK greenhouse gas emissions. More people taking public transport instead of private cars would cut pollution significantly, but government policies should also encourage car manufacturers to build more fuel-efficient vehicles either hybrid models or purely electric cars, and offer tax breaks to drivers who buy them. This would stimulate demand for these new models and drive down prices, encouraging other motorists to follow suit.
5. Food production: Food production accounts for up to 30% of global warming gases released each year, mostly because farming produces methane from livestock manure and nitrous oxide from fertilizers and pesticides. So, to curb climate change, farmers need to adopt more energy-efficient methods of food production. This means less reliance on fertilizers and pesticides, and more crop rotation allowing fields to lie fallow for a season or two, then planting different crops. It also means improving energy efficiency in farm buildings by fitting double glazing and insulation. But consumers can help too by choosing more sustainably produced food; for example, by buying free-range eggs or meat from animals reared on grass rather than grain-based feedstuffs.
6 Solutions for cities: Solutions for cities include recycling wastewater, planting trees in urban areas to soak up CO2, and replacing streetlights with light-emitting diodes (LEDs), which are more energy-efficient than traditional street lamps. These measures would also help to reduce local air pollution and save money for local authorities.
7 Materials: Renewable materials are those which can be recycled or renewed indefinitely, unlike non-renewable resources which can eventually run out (like oil, coal, and natural gas). Britain is a world leader in developing renewable materials, but more investment is needed if we are to meet our target of 80% recyclability by 2025. This includes developing better ways of producing biofuels from plant material rather than food crops – as well as finding ways to recycle plastic bags, packaging, electronic goods, etc.
8 Waste: One of our greatest challenges is producing less waste. Improving the industrial design, developing cleaner sources of energy, and making smarter use of what we already have all make sense. But these initiatives must be joined by a cultural shift toward reusing, recycling, and reducing what goes into landfills in the first place. The amount of waste created by humans as they go about their daily lives is staggering and most end up in landfills, where it becomes both an eyesore and an environmental hazard.
9 How businesses can help green development: The key to success is to find ways to utilize existing infrastructure. For example, improving farming techniques can reduce food waste while enabling more people to afford more of their favorite foods. That’s not just a green solution but an effective one as well. It provides every reason for businesses and individuals to get on board with greener living immediately. However, there are other options: through renewable energy initiatives and other innovations in technology and design, we have multiple ways to spur economic growth without harming our environment or ourselves. The only question left is: what’s stopping us? And that’s where green business comes in. Green business looks beyond greenwashing and instead focuses on real green solutions like solar power, wind power, electric cars, organic crops, and more. Green development means taking advantage of these sustainable practices by using them in everyday life. It also means working together to make green development possible at all levels from individual efforts to international agreements to ensure everyone has access to these sustainable resources. With green development, everyone wins; with greener living, everyone benefits; with sustainable practices, everyone thrives.
10 Corporate responsibility: making it happen for real: Corporations are increasingly responsible for improving our planet. However, they’re not exactly good at it yet. But what if they had to be? By 2030, 10% of total industrial energy consumption must come from renewable sources (up from 3.2% in 2011). Additionally, 18% of raw materials must be recovered (up from 15%). This means that corporations will have to do their part in reducing greenhouse gas emissions and generally doing right by mother nature. So how can corporate responsibility make an impact? It comes down to setting ambitious goals and realizing that change is a good business practice as well as socially responsible behavior. Here are some specific points we need to address Include more green technologies in your company’s portfolio: Companies need to start investing more time and money into green technologies. And let’s be honest here – these days you can’t even call yourself an industry leader without having at least one or two green products on your roster. And although there are still plenty of problems with green technology – like high costs, lower yields, etc., I think it’s safe to say that over time these issues will become less and less problematic. There has been a lot of investment in research & development which has led to a slew of new developments across all different industries which makes me optimistic about prospects. So, businesses have a massive role to play in the green industrial revolution.
Which government has set out the green industrial revolution?
The idea of the industrial revolution and its effect in a positive manner. According to the British government announcement, it has announced a green new deal. It says that green and renewable energy will provide clean fuel for all people across the United Kingdom. The manifesto also suggests that eco-towns would be established to ensure efficient energy use. According to Sir David King, Britain is at crossroads between traditional energy supplies and a low carbon economy: We need to decide what kind of country we want to live in – whether we want highly-industrialized cities or rural idylls. The British government wants in the future no one should suffer from cold, darkness, or dirty air caused by climate change.
What are the benefits of the green revolution?
The green revolution has many benefits, such as improved food security, a higher gross domestic product (GDP), and more. Increased productivity can lead to greater profits for farmers and more wages for farmworkers. The government also benefits from increased tax revenue, which can be used for other programs like education. The benefits of the green revolution go beyond economics; it can also be good for society by reducing pollution and greenhouse gas emissions. These impacts are even greater when companies adopt technologies that improve energy efficiency in transportation, factories, and buildings. Also helping reduce pressure on land resources: fewer people have to use large swathes of land to feed themselves due to higher yields per hectare that result from green revolution practices.
How can you participate in it?
The green revolution also called a global food security crisis, is being described as such because it will affect every one of us in some way. What we eat and how we get our food directly influence everyone on Earth. Therefore it’s important to learn what you can do to help solve world hunger. Here are a few ways that you can get involved the average American spends around $7,000 per year on food, while someone living in Malawi or Zambia might spend $400. Imagine if people from wealthier countries spent an extra $3 per day buying locally grown foods—that would add up to more than $100 billion for local farmers every year! If everyone bought their produce from local farmers rather than importing it from halfway across the globe, millions of lives could be saved annually through better nutrition and sanitation practices.
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Now more than ever before there are opportunities for all of us to support farmers by choosing foods produced locally whenever possible. There is no single solution that will solve world hunger overnight but taking small steps like these to go a long way toward making a big difference!
Green Industrial Revolution stocks
Investors can capitalize on green technology with broad-based funds like Power Shares Wilder Hill Clean Energy ETF (PBW), which tracks an index of companies that are researching, developing, and implementing technologies that help to protect or conserve natural resources. PBW’s top holdings include First Solar, SunPower Corp., China Longyuan Power Group, and Tata Power. Solar stocks also make up a substantial portion of solar ETFs like Emerging Fund Advisors Global Alternative Energy ETF (EFA), while wind stocks take center stage in Van Eck Vectors Wind Energy ETF (FAN). PBW had one of its best years in 2009, returning 106%. The fund has gained 29% in 2010. EFA rose 42% last year and has gained 22% so far in 2010. FAN rose 51% last year and has returned 13% so far in 2010.
UK net-zero strategy
The government’s pledge to go net-zero carbon emissions by 2050 seems like an ambitious target, but it has been cast in a different light by policymakers. This isn’t about saving a planet that’s on fire. It’s about planning for a future where growth will be powered by new technology and green innovation, business secretary Greg Clark told parliament in November last year. So rather than simply trying to reach net-zero carbon emissions, what we want is to eliminate all carbon emissions from our economy except for those emitted by renewable power and other natural processes, such as growing forests.
In other words, energy-guzzling activities such as heating homes, manufacturing goods, and flying can all continue as long as we capture and store their carbon output. By doing so, we’re not only protecting ourselves against climate change – we’re also creating a market for cutting-edge low-carbon technologies. As well as laying out how Britain will achieve its net-zero emissions goal, Clark also set out plans to make sure that 30% of electricity comes from renewables by 2030 (up from 24% today). He said he wants at least half of cars and vans to be ultra-low emission vehicles by 2040 (up from just 1% today), while he also wants every home in Britain to have access to clean electricity or heat by 2030. And he announced plans for a £1 billion competition fund aimed at supporting projects that could help us meet these goals.
We must seize upon opportunities to grow our industrial strategy, Clark said. Our focus should be on building up world-leading sectors. A good example of one of these sectors is hydrogen fuel cells. While they might sound like something you’d find in a science fiction movie, they’re already being used to power buses and trucks around the world – including London’s iconic red double-decker. The next step would be getting them into homes, which could happen if household appliances were fitted with fuel cells instead of plugs and wires (or even batteries). There are plenty more examples too: electric vehicles; solar panels; smart grids; battery storage; smart meters; tidal lagoons the list goes on.
