Why don't you see more investments for Greener solutions?

Question

Why do the "Rich" not make more investments in more Greener solutions to our problems instead of buying Overpriced gas guzzlers and overpriced resouce guzling homes? There are Greener technologies today that would basically reduce your total of unreusable resources down dramatically..

Answer 1

Since one of the biggest uses of gas oil and coal is Al Gore, why don't you ask him?

Answer 2

Actually, there have been large investments into green technologies for a long time.  The issue in your question about the 'rich' continues to buy gas guzzlers is a separate matter.  Because of their wealth, they are not financially restraint, although morally, what they are doing is wrong in many people eyes.  

One more point, it is my opinion that it will take a wholesale change in public attitude and public behaviour to achieve lasting environment improvements, not just the availability of green technologies.

Answer 3

People invest their money in order to make more money. So unless somebody can prove that it would be worth it to invest, meaning they will make money in the very near future, then people will not invest in "green" technology.

Although Energy companies (oil companies if you want the Liberal term) are investing in alternative energy forms. But not much luck so far, too many problems to make any of them viable. Take Ethanol. Did you know it takes MORE energy to MAKE ethanol than it will give off? Short term answer, MORE OIL, and Nuclear Power Plants. Long term, "alternative" energies.

Answer 4

Poorer people stand to gain or lose even more from collapse of energy supplies. So, given who gains or loses most, it is the poorer people who need to be doing more investing in those technologies, and in particular that they need to be learning all they can about them

Poor people should not wait for rich people to lead the way, mostly because the objectives of richer people are not identical with the objectives of the poor.

But poor people are concentrating their attention on how they can improve their credit score so they can get deeper in debt instead of even trying to live debt free and build an investment portfolio.  

Rich people have most of their money already invested in COMPANIES that have no interest in branching out into green energy. Investors individually can remove some money to invest in green energy, but only by selling their assets to some other investor.  That means that for every dollar moved to a green energy investment, someone has to invest in the same amount of money in whatever company the investment is coming from.

In effect we have to have net-new investment or the existing company stock has to be sold at a loss. So, get ready to invest your own money... get debt free and have savings that allow you to get into investing. This advice is still sound if you never invest in green energy, but it is critical for rapid conversion to green energy that the people most impacted take this as their own issue, not wait for ich people.

You can fuss and fume that rich people should, but poor people NEED to.

Answer 5

Why don't you research this issue before asking a question about it - there's a lot of "green" investing going on:

Answer 6

Tax breaks for waste, none for greener solutions.   A bill in congress was just shot down that would have taken some of the tax breaks away from oil companies to give some tax breaks to alternative energy companies.

Answer 7

A lot of what you describe is caused by the "rich" wanting to LOOK rich and prosperous. To buy economical gas sipping cars and not have all the luxuries in their homes would not promote their image of richness.

They think since they can afford to do it, Why not go ahead.

As for many of the "greener" technologies, they are still in the developing stages, and expensive. Many people will wait until the science of these greener techs become more stable.

Answer 8

its coming along just taking some time since it just now has become something the masses have realized is an important issue

Answer 9

The rich became rich for a reason.  They will not invest money without proper forcasting for a return on investment.

Answer 10

Investments are made on expected return. Because greener forms of energy are too inefficient to replace fossil fuel-based energy, the expected returns for green energy is nonexistent.

Speaking realistically, any money given at this point in time is a donation, not an investment. And, if you look into it, you can find substantial donations.