Sunday, February 26, 2017

What is a green economy?

The government is aiming for a green economy (see this report) but what is a green economy? It would seem that it is difficult to define easily in practical terms.

According to Wikipedia:
'The green economy is defined as an economy that aims at reducing environmental risks and ecological scarcities, and that aims for sustainable development without degrading the environment. It is closely related with ecological economics, but has a more politically applied focus.'
It is said to include:
Renewable energy
Green buildings
Sustainable transport
Water management
Waste management
Land management
And regarding energy (and of special interest to us in Guyana):
"Green economies require green energy generation based on renewable energy to replace fossil fuels as well as energy conservation and efficient energy use."
So we have a long way to go in the energy sector.