SCOREBOARD SHOWS NEW ENERGY WINNING

Green Transition Scoreboard™ Tops $1.6 Trillion in 2010
August 3, 2010 (Ethical Markets)

"The GREEN TRANSITION SCOREBOARD™ (GTS)…tracks total private investment in companies growing the green economy since 2007. The mid-2010 update shows a rise to $1,646,719,228,993 from $1.24 trillion at the end of December 2009. The report was released today by founder-CEO Hazel Henderson, D.Sc.Hon, FRSA , futurist and author of Ethical Markets: Growing The Green Economy (Chelsea Green, 2006)…"

[Dr. Hazel Henderson, creator, GTS:] "Our mission of fostering ethical markets and growing the green economy worldwide is shared by millions of entrepreneurs, inventors, scientists, engineers, venture capitalists, investors, pension funds, as well as civic groups, academics, students and employees of incumbent industries in the fossilized sectors in many countries. This requires the revolution in corporate and national accounts we have long advocated – now underway by the new International Integrated Reporting Committee (IIRC) steered by 33 organizations, including the Global Reporting Initiative, the UN Principles of Responsible Investing and many other pension funds and accounting bodies worldwide, with the backing of the International and US Accounting Standards Boards."

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[Matthew Kiernan, founder, Innovest/founder-CEO, Inflection Point Capital Management:] “The GTS…adopts a much more comprehensive and therefore effective working definition of a green economy than is usually the case, and it also provides a robust and consistent framework for measuring our progress towards it.“

"…Reports confirm [the ongoing global transition from the Industrial Era to the information-rich, cleaner, healthier and greener Solar Age], such as the July 2010 study Solar and Nuclear Costs – the Historic Crossover by economist John O. Blackburn, former Duke University Chancellor, which finds that solar energy is now cheaper than nuclear…"

The numbers (click to enlarge)

"Ethical Markets, its partners Mercado Etico, the World Business Academy and the thousands of groups linking to Ethical Markets see this Green Transition as inevitable, viable and achievable, by scaling up existing technologies and energy efficiency gains. This website links to many studies, computer models and reports which indicate that investing $1 trillion every year until 2020 can ramp up material and energy efficiencies, reduce costs of wind, solar, geothermal, water, sustainable land-use and forestry, which together with smart infrastructure, transport, building and urban re-design, can accelerate the Green Transition worldwide…

"Henderson and [Timothy Nash, Ethical Markets' Senior Advisor and Director of Sustainability Research] share the hope that this data…will encourage pension funds to follow the lead of the Institutional Investors Group on Climate Change (IIGCC) to shift more of their portfolios away from risky investments in the fossilized sectors and commodities speculation to more direct investments in growing the green sectors…"